Word: globalization
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Dates: during 2000-2009
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...free market is easing back in. Consider the federal guarantee on money-market mutual funds, which was slapped together a year ago to prevent a run on a key part of our financial system. That backstop expired on Sept. 18. It wasn't renewed. (See pictures of the global financial crisis...
...Population growth contributes greatly to global poverty. What are your thoughts about the problem? Bob O'Connor, Oslo Thirty years back, Bangladeshi mothers had an average of 6.2 children. Today the average is 3.1. The population growth rate has drastically come down and among many explanations is the empowerment of women. They became aware of their ability to handle their lives and make decisions about how many children they will have. Microcredit is not a population program, but it has helped women to see how they can live their own lives...
...social engineering continually convulsed China in unrelenting political campaigns. These movements disrupted productivity and caused horrific loss of life. Yet, despite the chaos, the People's Republic embarked on industrialization and stood up. By many measures, 60 years on, China has achieved significant progress toward becoming a major and global power. Mao may recognize it, but he would not be wholly happy with...
...People's Republic of China commemorates its 60th anniversary, it seemingly has much to celebrate. China is the world's most populous and industrious nation, is the world's third largest economy and trading nation, has become a global innovator in science and technology, and is building a world-class university system. It has an increasingly modern military and commands diplomatic respect. It is at peace with its neighbors and all major powers. Its hybrid model of quasi-state capitalism and semidemocratic authoritarianism - sometimes dubbed the "Beijing Consensus" - has attracted attention across the developing world...
...Yeltsin era (lest the masses not entrust their president with lots of power). Then, in May 2008, came Dmitry Medvedev, causing many to fret that the new president would not be as tough or undemocratic as his predecessor. Then came last September's Lehman Brothers collapse, triggering a global financial meltdown; the downturn fueled fears in Russia that the country was facing another crisis a la 1998, when tens of millions saw their pensions wiped out by inflation and Russia did indeed look to be unraveling. (See pictures of the remnants of Siberia's mysterious 1908 explosion...