Word: economists
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Dates: during 1990-1999
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...appointments also signal some hope that two of the remaining pilgrims to Washington will someday return. Harvard allows professors to take leaves of up to two years for outside positions, as professors Lawrence F. Katz (chief economist at the U.S. Department of Labor) and David M. Cutler (chief health economist at the Council of Economic Advisers...
Forests, however, are just one item in Siberia's bulging portfolio of natural resources. Soviet exploitation managed to poison and degrade 35,000 sq. mi. of the vast republic, but that only scratched the surface of its mineral wealth. Bob Logan, an economist at the University of Alaska, has made trips to Yakutia to study the region's economic prospects, which he describes as "staggering." As much as 20% of the territory is known to have oil and gas deposits that could make it the Saudi Arabia of the north. The area is one of the world's leading sources...
...that merchants in Cherski often find it more economical to import food products from Alaska than buy from elsewhere in Russia--and Alaska has the highest food prices in the U.S. The northern passage has been used by the military and some Russian shippers for decades. According to Norwegian economist Trond Ramsland, who has analyzed the costs and benefits of the northern sea route, it can provide a link between East Asia and Europe, vastly shorter and cheaper than the present voyage through the Suez Canal. Ramsland argues that shippers could move goods at an average cost...
...many major corporations are still poised on the sidelines. Russia's tax laws and the mercurial nature of its legal system still discourage major investment. For instance, some months after Yakutia passed its first constitution, Russia imposed a number of changes on the document. Says economist Logan: "Nobody is going to make investments looking 25 or 30 years into the future in a country where changes can be imposed at the constitutional level by fiat." Nevertheless, Russia is struggling to resolve these problems, and when it does, the real land rush will begin...
President Clinton announced his intention to nominate Summers on June 13. "Larry Summers is a talented and widely respected economist. He has served me and this Administraiton with distincition as we have faced new interantioanl challenges. He is a man of shared vision and I have full confidence in him and in his ability to continue the strong leadership provided by Frank Newman," Clinton said in a release...