Word: exports
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Dates: during 2000-2009
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...measure would confuse customers and scare off potential corporate clients. "It could really hurt us," says Jousset. "Over the long term, such protectionist steps never work. But over the next five years it could slow the development." More than two years after the U.S. began worrying about the export of American jobs to lower-cost countries, Europe has finally woken up to the "offshoring" threat. European companies have been moving some manufacturing facilities abroad for a decade to capitalize on lower wages and to gain access to new markets. But now many firms are asking if they can and should...
...economic affairs at the Ugandan Ministry of Finance. Still, Uganda's needs far outstrip its ability to pay. In the past four years, the country has borrowed $1.5 billion to build schools, clinics and roads. Total debt now stands at $4.3 billion. Meanwhile, collapsing coffee prices have pummeled its export earnings, further undermining attempts to escape from the debt trap. "As long as we cannot balance our budget, we can't avoid borrowing," says Bright Rwamirama, chair of the Ugandan Parliament's finance committee. Debt relief gives countries a predictable flow of resources free from the whims of donors...
...suppliers have been unearthing antiques for more than 30 years. He displays the wares in vast sheds on a sprawling estate in the city's south. You're free to browse acres of Tibetan trunks, Rajasthani cupboards and rolltop desks without nagging. And although Indian law prohibits the export of items more than 100 years old, if something truly venerable appeals, Sharma's carpenters will knock up an imitation for a fraction of the price...
...Bush administration, and also championed by the Kerry campaign - may be Washington's best hope of withdrawing. Cutting deals with some of the regimes the neocons love to hate would not only signal a quiet surrender on the plan to make Iraq a beachhead for the U.S. export of democracy to the Middle East; it would actually leave some of those very same regimes in an even stronger position due to Washington's newfound dependence on them for Iraqi stability. That was never the desired effect, but it may nonetheless prove to be an unintended consequence. After all, despite...
...Berlin in July revised its GDP growth estimate from 1.4% to 1.8% for this year and from 1.8% to 2.1% for next year. The Germans got a boost as economies in the U.S. and Asia began to grow again, and also from the run-up to E.U. enlargement, as exports to new members in Eastern Europe surged. "Germany remains an export machine that keeps running and running," says Holger Schmieding, an economist at Bank of America. "Despite the strong euro, even Germany is having a modest upswing...