Word: markets
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Dates: during 2000-2009
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...into the middle class where they produce fewer, better educated children; it allows larger profits which results in better R&D and farming methods, better forecasting of which crops to plant to meet demand, improved ability to change crops when needed, and better and cheaper transport for harvests to market. If you truly want to end poverty, start by absorbing small landholders into large-scale business. Joanna Perr, MBABANE, SWAZILAND...
...that books DJs. But in the transition from hippy to hip, some of the anarchy of earlier times has gone, particularly since the government moved from Bonn in the 1990s. Birkenstocks have made way for handmade $400 Trippen boots "that express an individuality not found in the traditional mass market," as the Berlin company's founders, Angela Spieth and Michael Oehler, put it. Especially in parts of Mitte, there's been a mini-invasion of BMWs and Mercedes in smartly restored streets that just a few years ago were pockmarked legacies of communist-era neglect...
...save for the sake of savings," says Tan Khee Giap, chair of the Singapore chapter of the Pacific Economic Cooperation Council. "It's that for thousands of years they had to save to protect themselves." In other words, making it easier for other Asian countries to access China's market isn't the same as convincing Chinese consumers to spend more. "The Chinese remind everyone it will take a long time," says Menon of Singapore's Ministry of Trade and Industry. According to Citigroup, China will indeed become the world's largest retail market - by 2030. That's a lengthy...
...While India is seen as a potential mass-consumer market in the future, statistics for Africa (if treated as one entity) are remarkably similar. For example, the African economy has been experiencing similar growth rates to India's of 6% to 7% over the past decade, and will likely see 3% to 4% growth in 2009 - impressive in the current global environment. GDP per capita in Africa is similar to that of India and, like India, the population in Africa is growing and will be similar in size to China's population in several decades...
...fall's financial panic. When investors around the world got scared late last year, they poured money into U.S. Treasury securities that they perceived to be safe. That drove up the dollar. Then, after a few months, investors began taking risks again, putting money back into the U.S. stock market and into all sorts of investments in the rest of the world. So the dollar fell. (See 10 things you didn't know about money...