Word: marketization
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...volumes that Fabindia could trade in). Or he could begin selling cheaper, machine-produced cloth, discarding his father's belief in the handmade. Instead, he took a third way. He knit together Fabindia's 40,000 individual artisans into a reliable supply chain and began focusing on the domestic market. Starting with a handful of boutiques, Bissell created a 110-store, $65 million national brand - without straying far from its homespun roots. That makes Fabindia an early beneficiary of the figure upon whom many regional and international economic hopes are now being pinned: the Indian consumer. But when Bissell looks...
...disconnect between their dire local economic conditions and the monetary policymakers in Frankfurt with other things on their minds. Meanwhile, a core euro-zone country, Italy, has also fallen out of favor with investors because of its high government debt. In a sure sign that these troubles are serious, market analysts have assigned them a catchy acronym: PIGS, for Portugal, Ireland, Greece and Spain (or PIIGS if you include Italy). In early February, the panic began to spread beyond their borders, with markets flailing in Europe and then around the world...
Nothing gets on the menu at McDonald's without the approval of hundreds of people: marketers, franchise representatives, engineers who specialize in food hold times, operations managers who know precisely how far refrigerated trucks can drive before food rots and money people who have read reams of market research that has relentlessly focus-grouped every ingredient combination that could be part of a Snack Wrap...
...think there is such a thing as a rational market? -Femi Awolusi, Denver I believe in markets, but I don't believe that you can have unregulated, unfettered markets. Since the beginning of time, they have been prone to excesses. The key thing is to make sure we have a regulatory system that can evolve with the markets...
...those numbers are from December, before the recent downturn in ties. China's vast holdings of U.S. debt give it only limited leverage, because any partial sell-off would harm the value of its remaining U.S. assets. Dumping Treasuries would also undermine the American economy, further dampening the market for Chinese exports. So even as the U.S. and China find a growing number of issues over which to argue, their economic interdependence helps keep the disagreements from spiraling out of control...