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...have momentarily stopped declining. This week, the country's gdp figures from the initial quarter are expected to show growth for the first time since January-March 2001. "The evidence is pretty clear that [the economy] has bottomed out," says a usually bearish Richard Katz, editor of The Oriental Economist newsletter...

Author: /time Magazine | Title: Praying for Growth | 6/3/2002 | See Source »

...lingering question is whether this is a false bottom?a prelude to another period of stagnation. "Really, you just have to look at these numbers and sigh," says Andrew Shipley, chief economist at WestLB Securities in Tokyo. "I mean, we've seen this several times before. You get a recovery kick started by the comeback in the U.S.; then it stalls because there is no increase in domestic spending." During the so-called "lost decade," a long bout of recession was interrupted twice by short-lived recoveries...

Author: /time Magazine | Title: Praying for Growth | 6/3/2002 | See Source »

Edward S. Mason, Baker professor of economics, publicly declined an invitation from a Polish economist to attend a Moscow conference on world trade, saying he feared its intellectual basis and free discussions would be undermined by the presence of delegates from communist countries...

Author: By Anthony S.A. Freinberg, CRIMSON STAFF WRITER | Title: Harvard's Crimson Scare | 6/3/2002 | See Source »

...Deutsche Bank economist Michael Lewis notes, "this looks like a fundamental structural decline." With the U.S. market overvalued, foreign investors are taking their money elsewhere. That makes it tougher for the U.S. to finance its foreign account deficit, which could reach $460 billion this year. And it makes further falls in the dollar likely. European exporters might not like it, but at least a weak dollar could keep European interest rates low. And it is better that the dollar eases to a sustainable level now rather than crashing later. If the market works like O'Neill thinks, the economic band...

Author: /time Magazine | Title: Biz Watch | 5/26/2002 | See Source »

Kirby’s background as a scholar of Chinese history will balance a University administration, which features an economist and a scientist at the top, but had little representation from the humanities at its highest levels. This balance will help ensure the liberal arts are not neglected...

Author: By The CRIMSON Staff, | Title: New Dean Faces Challenges | 5/22/2002 | See Source »

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