Word: downwardly
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...Tech companies had to dump on the market everything from fiberoptic networks to computer chips, as desperate investors struggled to raise cash. That slashed telecommunication costs at the very moment that emerging markets were producing a skilled and hungry generation of information workers. Result? The offshore outsourcing revolution and downward pressure on global production costs that keeps inflation under control. Equally powerful are the ultra-low-cost emerging-market manufacturing bases, led by China. With more than 1 billion people set to enter the urban labor markets of China, India, Brazil and Indonesia in the next 20 years, all those...
...followed by the integration into the world economy of virtually all of those countries which, by choice or not, had been excluded from it. The global supply of manufacturing labor more than doubled virtually overnight. In the context of largely open world markets, this has meant continuing downward pressure on global production costs. With upward of a billion people set to enter the urban labor markets of China, India, Brazil and Indonesia over the next 20 years, this pressure will only intensify. Should you doubt that, ask any labor union how much luck they have had lately in negotiating higher...
...wanted to learn how to throw a curveball. Uncle Charlie, the deuce, number two, the hook. It goes by many names but is singular in its appeal—the prettiest pitch in baseball, with its tantalizing slowness and sharp downward break...
Each level at which the H-bomb raises a question seems to slope downward to the next level, descending from some of the broadest and oldest questions of ethics and theology to some of the most specific problems of practical politics and economics...
...tilt. "It's the same faces saying the same things," says Mariangela Potenza, 24, a university student from Basilicata. "There's nothing that transmits innovation or novelty to the voters, nothing that stimulates me as a young person." Voter turnout, though still well above U.S. standards, has been edging downward in every national election since...