Word: growths
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Dates: during 1990-1999
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...continuation of economic growth in the U.S., crucial to keeping the world economy moving, relies on a stock-market bubble that will not continue indefinitely to defy both the law of gravity and economic rationality. Growth prospects have dramatically lessened in Europe, sweeping away any hope of a significant reduction in the still unacceptably high levels of unemployment. This has the potential to heighten tensions between the imperatives of economic national policies and the policy criteria set by the European central bank. Such tensions will put to the test the stability of the Continent's new currency, the euro, earlier...
Although recession looms large in Latin America, a slow and painful bottoming out of the crisis is occurring in East Asia. But the return to growth will be very gradual, barring any other unforeseen disruption. In this respect, the ability of China to manage the stability-growth-reform trilemma in an increasingly difficult environment is an ominous question mark. In the same vein, the issue of when Japan will start to become part of the solution to global economic woes instead of being part of the problem remains open...
...reaction of world markets to Brazil's currency collapse shows, says Courtis, "that the emerging-markets crisis at least in this virulent first phase is over." That means the story of 1999 will be written by the core economies--North America, Japan and Europe--and these should keep global growth on course for the rest of the year...
...answer to the earlier question, I have no idea how much musical promise we brush past in Sever Hall each day. But I know that their emergence and growth is something awaiting discovery. Weinstein, Filip and Tardy have
...Certainly it would not be good for Harvard to deprived of younger scholars and teachers," Lewis said. "There are many important fields, as well as the Core curriculum, where we do not offer enough courses, by faculty of any age," he said. "I look forward to growth in the size of the Faculty in certain important areas...