Word: governing
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...important - like working hard and taking responsibility - are the values that not only underlie a good society but are necessary for a good economy as well. People have felt for some time that you've got this vast global process at work, and somehow the rules that govern [it] have got different from the rules you practice in your everyday life. [But] the rules that make for a successful community are also now necessary for the banking system. We have to build our banking system for the future around stronger principles of accountability and transparency and integrity and sound practices...
...Kosovo and Serbia are certainly not ready for EU membership right now and probably will not be for some time–-at least until Serbia agrees to at least a de facto recognition of Kosovo’s independence and Kosovo can govern itself without the assistance of NATO forces deployed there. Nevertheless, the EU can and should play its own role in shaping the politics of this region by showing Kosovo and Serbia that it intends to extend EU membership to both of them when they are ready. This is the only way to permanently bring stability...
...Economic Cooperation and Development found that service companies are burdened by higher taxes and energy costs than manufacturers, while excessive regulation creates barriers for start-ups. Hwang Doo Jin, an architect who operates his own small firm in Seoul, complains of endless, stressful hours untangling the confusing rules that govern his business. "It is easier to produce a masterpiece than run a viable business over time," Hwang says...
...Obama, of course. He has to govern. He has to manage situations - the banks at home, the deterioration of Pakistan overseas - that might prove unmanageable. For all the spiritual success of his budget speech, there were precious few details about his policy priorities. No one really knows what to do about the American auto industry. No one really knows if, or how quickly, alternative energy sources can revive the economy and salve the planet. There seems to be some confusion about how to proceed on health care. In his speech, the President promised a national health plan within the year...
...service of public education: Obama explained why, despite the despicable behavior of the bankers, the system had to be salvaged. If houses and cars were to be bought, if businesses were to make payrolls, loans had to be made. "[I]n a time of crisis, we cannot afford to govern out of anger, or yield to the politics of the moment," he said, aiming a dagger at his detractors...