Word: growths
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Dates: during 1990-1999
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...motivation for the move to a single currency is political, it will have important economic effects. European countries will have higher unemployment because a single currency and a one-size-fits-all monetary policy will not be able to accommodate national differences in cyclical conditions. Outside the EMU, when growth slows and unemployment rises, a fall in a country's interest rates can provide an offsetting stimulus to demand. But with a single currency for all Europe, there can be only one set of interest rates. The European Central Bank will make decisions based on the overall economic conditions...
...active-wear markets grew from $69 billion to $73 billion, according to the NPD Group. For leading Velcro Valley manufacturers like Quiksilver, that means a one-year, 37% increase in sales, to $316 million. Smaller firms like Hurley, Split, Girl, World, Ezekiel, Rusty and Shorties are reporting steady growth on sales of anywhere from $10 million to $70 million...
These explosive growth rates cause companies to confront the recurring Velcro Valley conundrum: What starts out as a couple of bros silk-screening T shirts and writing invoices on brown paper bags can quickly grow into a multimillion-dollar business. When that happens, it gets a little harder to take the afternoon off to go surfing. "If you want to grow," says Danny Kwok of Quiksilver, "you gotta give away a little bit of your life-style...
Henry B. Hansmann, Harris professor of law at Yale Law School, who has criticized the universities of the Ivy League for short-changing their students in the push for endowment growth, says the banking function should not worry those who fear the corporate university...
Someday, "Oaksbranch will require full-time commitment, and he would love to devote himself to its growth and success," Charles says. "There are more deals on the horizon, and even opportunities to diversify...