Word: exportation
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Dates: during 1990-1999
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...Islam but have distanced themselves from the revolution and its strict way of life. Pervasive corruption and a troubled economy have deepened disillusionment, and in recent months serious riots have broken out in several cities. Meanwhile, the U.S. and Israel regard Iran as a rogue state that seeks to export terror, build nuclear weapons and sabotage the Middle East peace process. When the Clinton Administration recently imposed a complete economic embargo, the rhetoric was harsher than that against any other country. But however real the threat from Tehran may be, one factor is not widely understood: the revolution is decaying...
...applied to societies based on order and stability. There is the argument from economics: undue press attacks undermine development. There is the argument from idealism: an irresponsible press is apt to spread racial and ethnic hatred. All of these assertions contain elements of truth. It is nearly impossible to export the First Amendment to countries without deep roots and habits of freedom. In many parts of the world, journalists lack any tradition of objective reporting. But for the most part, the fight against press freedom comes down to politicians protecting themselves and the status...
...engine of change still has too many misfiring cylinders. Though provincial governments have been given more freedom, they haven't passed it on to entrepreneurs. Foreign investors are welcome, but corruption devours profits. Even longtime investors complain that the rules seem to keep shifting. Ho Chi Minh City's Export Processing Zone Authority lured foreign companies on the basis of proffered tax-free status--and then announced an 8% business tax. Economists warn that without a new round of reforms soon, Vietnam's progress will end. But the impressive gains so far may have made many officials overconfident. Boasts...
...central-government revenues come from Ho Chi Minh City's textile factories, shrimp-processing plants and other businesses. The city is a commercial and banking center, as well as the capital of Vietnam's burgeoning oil and gas industry, which generates most of the nation's export income. Dong Khoi (Uprising) Street, formerly Tu Do (Freedom) Street, formerly the Rue Catinat-perhaps Vietnam's most famous avenue-is newly lined with first-class restaurants and gracefully remodeled office buildings. Cholon, the Chinese commercial district, is thriving. Indeed, Vietnam's 1 million ethnic Chinese, long a persecuted minority, are responsible...
...employment. All this downsizing, which has come on top of a severe three-year recession that ended last October, helped push Japan's traditionally low unemployment rate to 3% last year, the highest since 1987. "If the yen continues to appreciate," says Shigeki Tejima, a senior economist at the Export-Import Bank of Japan, "Japanese companies will be forced to stress international competitiveness more than maintaining jobs at home...