Word: modell
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...Eager to raise living standards in their own countries, Asian policymakers and businessmen to varying degrees adopted the same fast-track formula. The economies of South Korea, Taiwan, Hong Kong and Singapore did so with such success they became known as the Asian tigers. Their growth model produced miracles - and as Park said in a 1965 speech, exports were "the economic lifeline...
...improved in other areas such as the use of combined heat and power, where power plants recycle the waste energy from their operations as heat, which can be distributed to homes and businesses. Denmark last year was the first European nation to sign up for the innovative electric car model promoted by start-up company Better Place, which plans to construct a network of charging stations throughout the small country. Then there's the way Danes build. Denmark doesn't quite lead the world in green building, but it is expert in certain materials. Take VKR, founded during World...
...that investment and innovation are best tasted in an unlikely place that has emerged as the symbol of Denmark's greenness: Samso island. Located in the Kattegat Strait, Samso (pop. 4,300) was far from cutting-edge when, in 1997, it won a government competition to become a model for how a community can run on renewable energy. At the time Samso was entirely dependent on oil and coal, both of which it imported from the mainland. A little more than a decade later Samso is effectively carbon negative, producing more than 100% of the electricity it needs from renewable...
...careful to tell investors exactly what is going on inside the financial unit. Yesterday, the firm said, "We made $8.6B in financial services in 2008, and we have an excellent franchise that we are restructuring to perform in the current environment. Also, we have an "originate to hold" model that is highly collateralized, so we have a more conservative approach than the U.S. consumer banks...
...when the bill that rolled through the House missed the mark the way it did, it demonstrated that the thought behind the majority's bill was not to be a stimulus bill; it was to be a spending bill. And going forward, we'll be using that as a model...