Word: europeanize
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Dates: during 1990-1999
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...Everybody is copying now," grumbles Maurice Starr, who put together the pre-eminent '80s boy groups, New Edition and New Kids on the Block. He is preparing to launch two new groups later this year. Quintets and quartets of young European hotties are also circling the American market. The Backstreet and 'N Sync numbers are like prepubescent chum...
...means "economic" as well as "monetary" union. There is official talk about harmonizing taxes, employment rules and other policies that are currently made by national governments in order to reduce the competitive advantage enjoyed by European countries with lower tax rates and more flexible labor markets...
Reducing policy competition among the nations of Europe will therefore reduce the ability of European companies to compete in world markets. The result will be increased trade friction with the U.S. and other countries as Europe attempts to block American and other non-European products on the ground that they are made under "unfair conditions," i.e, in countries with lower tax rates and more flexible labor markets...
...this in turn will be a cause of European conflict rather than the increased harmony that the original proponents of a federal Europe wanted. Governments are already protesting the attempt to harmonize taxes. Future experience with cyclical unemployment and rising inflation will justifiably provoke angry politicians to blame domestic ills on the decisions made by the representatives of other European countries. The frustration over the inability to influence one's own national economic affairs is likely to become an increasingly difficult problem within Europe...
Still, some researchers make a case for elementary school homework. Carol Huntsinger, an education professor at the College of Lake County, near Chicago, compared the academic performance of local Chinese-American children with that of European-American kids. In the early grades, the Chinese-American students outperformed their white counterparts in math and mastery of vocabulary words. After examining a host of other factors, Huntsinger concluded that homework made the critical difference. In first grade the Chinese-American children were doing more than 20 min. of math homework a night, some of it formally assigned by their parents, while their...