Word: marketability
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...Kennedy School eliminated 30 administrative positions and 17 adjunct faculty positions, half through staff attrition and half through direct layoffs, to help close a $5.6 million deficit exposed during the bear market...
North Korea's woes are a direct result of the regime's refusal to change its outdated economic system. Unlike China's leaders, who linked market-oriented reforms to the Communist Party's survival, Kim Jong Il and his cohorts see economic openness as a threat to their power and have in recent years intensified state control over the economy...
After severe famines killed perhaps 1 million people in the mid-1990s, the government tolerated a limited amount of market reform, including the proliferation of farmers' markets and the tilling of private plots. But in 2005, Pyongyang reversed course and began re-establishing the state's dominance over food distribution. Officials have even slapped new restrictions on the operation of marketplaces in recent years. (See pictures of Kim Jong...
...that depend on our industry." Adds Lipman of the UNWTO: "Tourism is a good development agent because poor countries don't have to manufacture it." Developing nations already have their product--nature, culture, tradition--and all that's required to profit is a bit of investment in infrastructure and marketing. "The market comes to these countries then wanders around depositing foreign-exchange income wherever it's directed, including poor rural areas," Lipman adds. That's a handsome return on investment for any country, developing or otherwise...
...depoliticize those decisions through an independent agency similar to the military-base-closing commission. Still, changing the dysfunctional payment system while safeguarding patient rights (and perhaps protecting doctors who practice evidence-based medicine from frivolous malpractice suits) would be easier than expanding coverage to the uninsured, transforming the insurance market and figuring out how to pay for it all during a crippling recession. "It's become conventional wisdom that we've got the wrong payment system," says Ezekiel Emanuel, a key White House health adviser. "Even the Republicans agree that we ought to pay for quality instead of volume...