Word: marketization
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Dates: during 1990-1999
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Experts also point out that much investment in computers does not even aim at increasing productivity. It is intended to expand or protect market share. Computers can be misused too, especially by businessmen who buy them to keep up with the corporate Joneses. "We have clients who buy the most expensive laptops and systems and then just run an ordinary word-processing program," says Alex Reppen, a New York computer consultant, who notes, "People try to automate things that really have no business being automated...
Financial leaders in Washington and on Wall Street regard Cardoso as their best hope to preserve the credibility of the capitalist discipline they've sold to emerging markets during the past decade, a discipline now crumbling from Moscow to Malaysia. "They're seeing Brazil's struggle as a crucial stand for the orthodox model," says Emily Alejos, vice president for emerging markets at BEA Associates investment firm in New York City. And because it is the linchpin of the dynamic South American market, Alejos adds, "letting Brazil succumb to the global contagion would mean Argentina, Chile and other Latin American...
...Buying a whole range of health-care companies, which will allow it to deliver "cradle to grave" service in a 32-county region in North Carolina and Virginia. With more patients and a dominant position in a regional market Duke can drive harder bargains with HMOs...
...make matters worse, Malaysia looks ready to use its controls to ease pressure on Mahathir's debt-ridden cronies instead of attempting to fix its shattered economy. Meanwhile, Hong Kong authorities find themselves stuck with $15 billion worth of stock that they purchased in August to prop up the market. Selling the shares now would drive down prices...
...Gary Stiles, who runs Duke's Health Systems Network Development program, openly acknowledges that Duke's motives are more than just magnanimity. "We live in a very competitive market here. We either help people and catch them where we can, or we kiss them goodbye." So Duke goes out to Lumberton and Laurinburg, screens patients and transfers the sicker ones back to Duke, where they or their insurers will pay for them to get well. Duke also collaborates with community organizations in other cost-saving joint ventures, such as a child-abuse-prevention center, a teenage-pregnancy-prevention program...