Word: growth
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...least 15 years, if not more. Why would anti-immigration sentiment become increasingly popular and widespread now? To understand the second aspect of this xenophobia, I draw upon a lesson I learned from Ec10 (words I thought I would never write): Times of crisis, in particular slow economic growth, are bad for democracy. William Joseph Maier Professor of Political Economy Professor Benjamin M. Friedman’s April 6th lecture, “The Economic and Financial Crisis: Also a Moral Threat,” suggested that anti-immigration policy in the U.S. was correlated with times of economic downturn...
...have dwindled. How bad the situation may be is hard to assess since North Korea doesn't reveal significant economic data. Estimates from South Korea's central bank, released on Monday, suggest that North Korea's gross domestic product recovered in 2008 after two years of contraction, with 3.7% growth. The bank attributed the increase to "one-off factors," such as an improved harvest. (See pictures of the global financial crisis...
...Great Moderation was a name economists gave to a post-1982 era marked by only two mild recessions and long stretches of uninterrupted growth. That's over, and the transition to whatever comes next will, if history is any guide, be messy. From 1970 to '82, the U.S. economy was hit by four downturns, two of which (1973-75 and 1981-82) until recently competed for the title of "worst since the Great Depression." The current recession has undisputed claim to that title. And while we may be about to climb out of it, don't be surprised...
Fixing Joburg means reuniting it. Mayor Amos Masondo's plan for "ensuring sustainable shared growth that benefits all" aims to do just that. And he has had some success. Businesses and restaurants have returned to the inner city, encouraged by new infrastructure projects like the Newtown Cultural Precinct, and crime is off its peak since the installation of hundreds of security cameras...
...state envisaged in the two-state solution. As long as Israel continues settlement construction, Palestinians doubt its seriousness about agreeing to a viable Palestinian state. But Israel claims it has a right to keep building within the boundaries of its existing settlements to deal with what it calls "natural growth," and it expects to keep the occupied land on which most are built in any peace agreement. The founding agreements of Israel's right-wing coalition government, however, include ongoing settlement construction, and the government includes a strong presence of settlers, including Foreign Minister Avigdor Lieberman. Israeli news reports said...