Word: growth
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...taken into account. Because the period began with easy access to capital followed by a sharp drop in the stock market and property values, it is now being compared to what many economists believe began in the US two years ago. They fear, probably with good reason, that GDP growth will simply stay in a narrow band of extremely modest growth or no growth at all and the lack of consumer and business spending and demand for exports will cause deflation...
MotorMouths.com went live in January. Tayman figures he has worked about 10 hours a week on it and hasn't spent a cent on marketing or advertising. Growth is modest but steady: nearly 10,000 people visit each week, he says, all of whom get there by word of mouth and via a software "bot" that lets users of Twitter, the popular micromessaging service, request reviews. (See the top 10 celebrity Twitter feeds...
...that going in. "I wanted to launch into the dip so that by the time advertising improves, MotorMouths will be sitting pretty," he told me a few days ago. He said he was optimistic, based on recent figures that show auto ads are on the upswing. "If our current growth trends hold and the ad trends hold, MotorMouths could be a $250,000-revenue company within 18 months...
...reforms. The lack of an adequate safety net forces Chinese to bank huge sums to cover treatment costs. By building a sounder health care system - with more hospitals and clinics and broader medical coverage - Beijing hopes it can convince consumers to spend more of their savings and boost economic growth...
...always been a good thing. Mbeki, who succeeded Mandela as President in 1999, tried to forge a middle way between revolution and democracy by calling on the ANC to embrace a "democratic revolution" in government. The approach proved schizophrenic. Mbeki the democrat adopted liberal economics, oversaw impressive growth and won plaudits as a consensus-building peace negotiator across Africa. Mbeki the revolutionary saw his country's AIDS epidemic as a Western conspiracy, a stance which cut treatment and cost 330,000 South African lives between 2000 and 2005, according to a November report by the Harvard School of Public Health...