Word: modelings
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
That's because many people mistakenly believe that Asia offers a superior political-economic model for meeting the modern world's economic challenges. That perception, however, is based on the incorrect notion that Asia's success is the product of intrusive governments. In the 1980s, when Japan was Asia's rising giant, some said its state-led economic system, in which bureaucrats "picked winners" by targeting industries for special support, was better than the more laissez-faire practices of the West. Today, pundits see China's "state capitalism" as the contender for global dominance. The heavier hand of the Chinese...
...China. China is not Asia. In fact, in many ways, it is the exception (albeit a big one). Asia's other giant outperformer - India - is a quite fractious democracy. Only one significant economy - Vietnam - is following China's lead. Just about everywhere else, policymakers are rejecting the China model. The severity of the financial crisis hasn't caused political leaders to look to China's success and roll back democracy or copy China's state capitalism. In fact, they are heading in just the opposite direction. The Presidents of South Korea and Taiwan believe deregulation is crucial for the future...
Young is scheduled to give a more detailed presentation of his model on April 6, and the school committee will vote on the plan...
...both Congress and the White House is shifting from expanding government to shrinking it. Lawmakers will again turn to the CBO for an honest assessment of what actually cuts the deficit and what merely pretends to. Elmendorf is the first to concede that even the most sophisticated CBO microsimulation model is not the same thing as a crystal ball. "We tell people all the time that our results are very uncertain," he says. "Every number that we give needs to be viewed as the middle of a fairly wide distribution of possible actual outcomes...
Megan lauded the synergism of administrative, faculty, and student groups that contributed to making the event a reality. “It’s a model of productive collaboration among three distinct constituencies,” he says. “That kind of collaboration is rewarding on a personal and a professional level...