Word: grows
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...exports to the U.S. and Europe declined to 30% of the regional total in 2008, down from nearly 40% in 1998. Over the same period, intraregional exports as a share of total exports in emerging Asia rose to 54% from 46%. "Intra-Asian trade flows are the fastest growing in the world," says Lawrence Webb, global head of trade and supply chain at HSBC. This trend has accelerated since the financial crisis. HSBC predicts that trade among Asian countries will grow at an annual average rate of 12.2% until 2020. The region's trade with the U.S. is projected...
...much, creating giant deficits and debt. Unless China can transform its citizens from savers to spenders, the reform of the entire world economic system could suffer. "I don't see any evidence" that China's economy is rebalancing, MIT's Huang says. "Its always difficult to get consumption to grow in a limited period of time." Greater consumer spending in China could have a big impact as well on the world economy. Cornell's Prasad figures that if China can increase growth of private consumption to 20% a year (much higher than the trend of nominal GDP growth of about...
...shows. “Your work pushes the boundaries of modern thought, thrusting past the limitations of human emotion and cognition to create the ultimate expression of human consciousness,” Madeleine enthuses to an artist during a show. These kinds of inflated, preposterous mini-monologues quickly grow tiresome, and instead of humorously mocking the bourgeoisie art world, they come across as simply an irksome staple...
...Watching this campaign grow from a tiny operation in a small office with a half-dozen people to the largest, most organized political organization in history, and now being on the cusp of seeing Barack Obama take the oath of office, is surreal to say the least." - Reflecting on the Obama campaign during the transition. (The Georgetown Hoya...
...decision. I have never regretted it. I didn’t want to go just to an art school. I think art is so great, but I really wanted to surround myself with people with all different interests and talents and passions because I believed it would help me grow and I believe...