Word: drives
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Dates: during 2000-2009
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...make sure they're not forced to pay a second time is unclear. A levy on financial-market transactions, stretched beyond foreign-currency trades to cover stocks, derivatives and other clever instruments, might offer twin benefits. By slapping an additional fee on each transaction, the tax "would naturally drive [investors] toward those that are more sensible, more profitable, more rational," suggests Julian Jessop, chief international economist at the consultancy Capital Economics in London. What's more, even a modest levy on the world's financial markets - Tobin first proposed a 1% charge on currency deals, before advocating even lower rates...
...decisions. Their book, You Are What You Choose, explores how certain attributes - such as a willingness to take risks, or worrying about what others think - affect our choices. De Marchi and Hamilton talked to TIME about their model, what it can predict and why anyone would ever want to drive a Prius. (See TIME's photo-essay "Those Things Money...
...financial wherewithal to make that happen." Tam, a graduate of MIT and the University of California, Berkeley, says he does deals in Beijing rather than Silicon Valley these days "because I believe this is where these new industries will really take shape. China's got the energy, the drive and the market to do it." Isn't that the sort of thing venture capitalists used to say about the U.S.? (See pictures of the global financial crisis...
Karel Lannoo, head of the Center for European Policy Studies in Brussels, hopes that's true, but says a Tory win and an anti-E.U. drive in Britain is "the biggest source of concern and discussion within Europe today." Indeed, Lannoo says that the ambient buzz "may be what [Lellouche] found himself echoing, however undiplomatically." Given the likelihood of a Tory win, however, it may not be the last time Lellouche feels moved to address the issue - and next time, he may not be alone in doing...
...pervasiveness of corruption led President Susilo Bambang Yudhoyono to set up the KPK in 2004 as part of his commitment to elevate Indonesia from its status as one of the world's most corrupt countries. In his drive to attract billions of dollars in investment capital, SBY, as the President is known, has let the KPK target powerful players in business and politics and even members of his own family to establish a stronger legal foundation and investment climate. Of the nearly 150 cases it has handled, out of more than 30,000 registered complaints, the five-member team...