Word: growth
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...relationship between China and the U.S. may be the world's most complicated. While the two economies desperately need each other - China relies on exports to the U.S. to drive growth while the U.S. requires investments from China to finance its giant deficits - Beijing and Washington nevertheless routinely spar over a wide range of sensitive issues. The U.S. has accused China of manipulating its currency to unfairly promote exports, while China has openly called for the replacement of the U.S. dollar as the world's premier currency. But with so much at stake, the two nations have tried to keep...
...Washington and Beijing is seen as absolutely crucial to nurturing the budding recovery of the global economy. The two sides need to alleviate the giant economic imbalances - excessive debt and deficits in the U.S. paired with excessive savings in China - to restore the world economy to a more sustainable growth path...
...Providing widespread Internet access that is both fast and affordable has benefits that extend far beyond creature comforts like downloading movies. A recent report from the World Bank Group found that a 10 percent increase in connection speeds is correlated with a 1.3 percent increase in economic growth. The faster the Internet becomes, the more purposes it can serve; high-speed Internet is the basis for many local IT businesses that generate jobs and exports. Expanding the high-speed Web to rural areas and increasing speeds in developed areas will also make long-distance learning easier and expand the possibilities...
Michael J. Roberts, executive director of the Arthur Rock Center for Entrepreneurship at HBS, which organized the residencies, said the growth has increased the program’s breadth in response to varied student interests...
...good part of this liquidity is coming from foreign institutional investors that are keen to diversify into a fast-growing economy that still has relatively few big listed companies. With a healthy GDP growth rate of 6.7% in the last fiscal year, India remains an attractive destination for investment capital that was sidelined by the recession. Bankers are hoping the market will get a boost later this year from the anticipated IPOs of companies such as cable-TV service provider Digital Entertainment Network, which has exposure to increasingly wealthy Indian consumers. "We're waiting for consumption-oriented companies to list...