Word: indexed
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Dates: during 1990-1999
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Such realizations punctured some of the early forecasts of a silver lining in Kobe's tragedy. Even as heavily hit manufacturers like Kobe Steel had to absorb further jolts on the stock market, construction-industry issues were hot prospects on the Tokyo exchange. After the Nikkei index's steep dip early last week, bidding on these shares helped the exchange recover 318 points by the close of trading on Friday. But the boomlet of hope in the ashes was not enough to convince more sober heads...
...index also allows one to use the same scaleto assess pollution levels for widely disparateindustries, including agriculture, forestry,mining and energy exploitation. The cost-of-repairmethodology has the added advantage of using datausually required by national and internationalagencies in carrying out their normal business...
Despite these disadvantages, the project teamhopes that the new index will do for theenvironment what the GNP does for politics andeconomics...
Several subcontractors in the six Asiancountries, including their environmentalprotection agencies, will help compile the largeamount of data needed to formulate the index,Harrington says...
...Asian Development Bank, one of the two mainsponsors of the project, will use the newenvironmental index in its annual allocation ofsome four billion dollars in loans, half of whichmust go toward investments which addressenvironmental, population and poverty concerns,says Nagaraja R. Harshadeep, a graduate student inenvironmental engineering...