Word: economists
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Dates: during 1990-1999
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Underlining that fact, one of the company's public relations videos highlights endorsements from Jiang, Vice Premier Zhu Rongji and Shanghai mayor Xu Kuangdi. SIHL's chairman, Cai Lai Xing, 55, an economist, helped prepare Shanghai's economic blueprint for the 21st century, and managing director Zhuo Fu Min, 45, was involved in reforming the city's state-owned enterprises. Zhuo nonetheless downplays political connections as the key to the company's success. Says he: "SIHL makes investments based purely on business...
Worldwide economic growth is expected to average 4% this year, up from 3.5% in 1996. The outlook for 1998 is equally rosy--4%--though the good news is not evenly distributed. Asserts John Rothfield, international economist with NationsBanc in Chicago: "Technological change has enabled countries to produce higher rates of growth without higher rates of inflation...
...today, when octogenarians serve in the Peace Corps, centenarians travel and septuagenarian former Presidents jump out of planes? Or when men and women in their 50s and 60s launch new careers and rightly feel that youth--like the Star Wars Force--is still with them? "In the long run," economist John Maynard Keynes once wrote, "we are all dead." But that long run is growing longer all the time. Thomas Wyatt offers a better motto for Americans as he writes his novel and raises his daughter in Mississippi. "I don't believe in aging," Wyatt says. "I just think there...
...agencies, covering everything from schools and housing to public works and the police, have been taken away from Barry and placed under the jurisdiction of a financial control board, which was appointed by Congress two years ago to get the city's finances in order and is headed by economist Andrew Brimmer. Only relatively minor agencies (including tourism and parks and recreation) remain under Barry's purview. Asked at a press conference what residents should do if they want to complain about potholes, Barry replied bitterly, "Call Dr. Brimmer...
...government reports record low unemployment. On CNBC economist Stephen Roach at Morgan Stanley declares that everyone who wants a job has one. He expects an inflationary spiral in wages...