Word: effect
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...that rarely expand more than 2% or 3% a year, that's a huge chunk. "We're coming at a point in which growth prospects are really taking a hit," Reinhart says. Growth could also be restrained by the budget cuts necessary to narrow deficits and reduce borrowing. The effect could be felt for a protracted period. Jean-Luc Schneider, a deputy director of the economics department at the OECD in Paris, says some countries will take as many as 10 years to reduce their fiscal deficits to more sustainable levels. And since the deficits of so many nations will...
...remains unclear whether the earthquake will have a significant effect on Harvard’s future programs in Chile, according to Veronica R. Martini, the development and external relations officer for DRCLAS...
Donated by Glenn Dubin, co-founder and CEO of New York-based Highbridge Capital Management, the funds will help launch the Dubin Graduate Fellowships for Emerging Leaders at the Kennedy School’s Center for Public Leadership. The fellowship will go into effect in the coming academic year...
...don’t know why the college campuses would be immune to that effect,” he added...
...four out of the past five presidential elections, Democrats have won the popular vote. That show of force at the national level has roughly coincided with the decline of Republican dominance of the big-state governorships. There is a significant and often overlooked cause and effect between these two phenomena, which, given the current political climate, should make Democrats even more worried than they already are about the November midterm elections. If Republicans can take advantage of the prevailing political winds to reassert control at the state level this year, that could in turn provide an opening...