Word: modell
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Dates: during 2000-2009
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...consumers spent about $10 trillion in 2008. By contrast, although China and India collectively account for nearly 40% of the world's population, their combined consumption was only about $2.5 trillion in 2008. During the boom, China and the rest of Asia reaped enormous benefits from a mercantilist growth model that was tied increasingly to the voracious appetite of the American consumer. Unfortunately, Asia did not do a good job in hedging that bet. The U.S. could now be in the early stages of a multiyear consumption retrenchment, making the problems of an unbalanced, export-dependent Asian economy even more...
...blocs at the provincial and local level. And his concerns over sustainability were specifically aimed at pollution and environmental degradation - unmistakably negative externalities of China's fixation on open-ended, manufacturing-led economic growth. To the extent that the Chinese experience is a microcosm of the broader Asian development model, Wen's "four uns" are very much a blueprint of what it will take to realize the aspirations of the Asian Century. Just as the financial crisis of the late 1990s was a wake-up call for the region to put its financial house in order, the global crisis...
When activated, the LHC will be used to examine a hole in what is known as the Standard Model of particle physics—a theoretical framework that is used to draw links between the four “fundamental forces” of the universe and the 12 elementary particles on which those forces...
Thus far, the Standard Model has only been able to account for the behavior of three of the four fundamental forces—gravity has yet to be integrated, explained Huth...
...dark matter,” which is believed to compose 96 percent of the universe, and “antimatter,” which has the same mass as matter but the opposite electric charge, explained Huth. “The Higgs Boson is the simplest model for explaining what happens in the theory and that’s what we’re designing for,” said Huth. “We aren’t under any illusions that that’s going to be the answer—a lot of us suspect nature...