Word: indexes
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...course, it's impossible to predict where China stocks are headed. The Shanghai index quickly rebounded from a scary one-day plunge of nearly 9% on Feb. 27. But recently, the warnings that shares are overvalued have become difficult even for inexperienced investors, accustomed to quick scores and relentlessly rising share prices, to ignore. Last month, a top official at the China Securities Regulatory Commission, Tu Guangshao, said investors needed to "educate themselves" about market risks. "Some sort of correction was inevitable, and it's probably here," says economist Xie. Although many investors believed the government would do nothing...
...Falling, The Great Waste, The War of the Two Frances and The Middle Class Adrift. Talk-show guests and opinion columnists decry France's fading fortunes, and even the French rugby team's failure at the World Cup - held in France this year - was chewed over as an index of national decay. But most of those laments involve the economy, and Sarkozy's ascension was due largely to his promise to attend to them...
Each year, the World Economic Forum ranks countries in the Global Competitiveness Index - a rough gauge of which nations are best positioned to squeeze efficiency out of their businesses and to attract companies and investment from overseas. But if you look beyond the index and examine what countries are actually doing to earn their rankings, the bigger take-away is that globalization, inextricably linked to economic development, is very different from what it was only a few years...
...increasingly competitive landscape. As manual work becomes more automated and trade barriers fall, companies chase knowledge workers and efficiency just as much as they do cheap labor and access to new markets. In this new calculus, it is often surprising who comes out ahead. According to the Business Competitive Index, the Global Competitive Index's sibling measure developed by Harvard economist Michael Porter, the countries with the lowest wages relative to competitiveness - that is, the best values as investment locations - are Taiwan, Hong Kong and India, followed by Chile, Singapore, the Czech Republic...
Americans think their leaders are failing in almost every arena, according to a new Harvard study. The third annual National Leadership Index, released this week, also revealed that 77 percent of Americans believe there is a “crisis” in leadership today—up from 65 percent in 2005. The survey of more than 1,000 Americans, conducted jointly by the Kennedy School of Government’s Center for Public Leadership and U.S. News & World Report, suggests Americans were especially critical of the media, the executive branch, and Congress. Of the 12 sectors respondents rated...