Word: growth
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Dates: during 1980-1989
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...withdrawing from South Africa, American businesses would not only surrender their limited capacity to do good, but would deal a severe blow to South Africa's nonwhites. Those whom American firms directly employ will of course lose their jobs. More important, American disinvestment would check the growth of the South African economy. South Africa's nonwhites, half of whom are already underemployed or unemployed, would feel the brunt of economic stagnation most profoundly. Without a growth rate of at least five percent a year, Black unemployment will continue to rise, and with it the misery of the Black community...
...MacDougall, who is the Corporation's newest member and as treasurer is the top officer in charge of Harvard's finances, said the continued growth of Harvard's $2.8 billion endowment is `essential to Haravard's future.' ...MacDougall said that ownership of stocks in companies with operations in South Africa is necessary to ensure the endowment will keep pace with inflation." (Michael D. Nolan, "Officials at Council Attack Divestment," The Harvard Crimson, March...
...underestimation of the revenues is especially crucial because of Dukais' promise to return 40 percent of the Massachusetts growth revenues to direct local aid. The local aid is calculated on the January revenue estimate, not the much larger one released last week...
Many experts are alarmed about the high level of consumer debt. Warns Gilbert Heebner, chief economist for Philadelphia-based CoreStates Financial, a bank holding company: "Debt problems have the potential to retard economic growth and, at worst, lead to another recession." And if a slump comes, many debt-laden families could sink into insolvency. Says Henry Kaufman, chief economist for Wall Street's Salomon Brothers: "American households as a whole have never been more exposed to a downturn...
...citadel of order and civility, were shocked at the findings of a recent government report showing that in 1985 the incidence of rape increased by 29% in England and Wales. Worse, it climbed by 56% in the City of London. One cynical police official called rape Britain's "biggest growth industry...