Word: modell
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...take the form of individually constructed villas or those built by smaller developers. The houses, usually designed in a Bali modern style that is now an architectural touchstone for tropical hotels worldwide, are often rented out most of the year to offset building and maintenance costs. Although the Bali model allows for personal creativity, it also means that owners must hire full-time staff to tend to their paying guests, who fork out an average of $200 a night for a two-bedroom villa. In Phuket, however, the vacation market is dominated by condominiums or villa complexes managed by luxury...
...Some developing countries welcome a new model of capitalism. Cambodia, for example, has played the game of global trade; it signed a deal with the U.S. governing its garment exports, a big part of its economy. Now some Cambodian leaders think they should look elsewhere. "Why wouldn't we copy what China did?" one official in Phnom Penh said to me. "We had years of what the U.S. told us to do, and got this" (he pointed at beggars crawling outside a five-star hotel). "Now we go to China and all we see is how far ahead...
...least since the fall of the Soviet Union. Unlike the East bloc, however, the new state capitalists - China, Russia and the Persian Gulf states, primarily - have proven so successful that even before the crisis they caused world leaders to wonder if democratic capitalism might not be the best economic model after...
...idea behind the Macquarie model is to borrow a lot of money cheaply, buy infrastructure assets with a guaranteed cash flow, then sell those assets to the public, letting shareholders take over the debt. Macquarie and imitators like Australia's Babcock & Brown make money at every step, with fees for the deal, for advice, and for managing the assets. Macquarie runs toll roads in America, bridges in Portugal, French autoroutes, a tunnel in Germany, and airports from Sydney to Copenhagen. About 290 million people ride its buses each year, and 17 million light...
...just hates it when you disagree with him. If you press it, he just falls back on his patriotism. And then he blows up." The sense that you're never sure which McCain you'll get feeds Obama's case that being an unpredictable "maverick" may not be the model you want in times that call for methodical decision-making. But McCain's defenders cite another soldier turned politician who was legendary for his temper: George Washington. Those who rise in the military, notes Virginia Senator John Warner, "are people of strong will, of brevity, giving orders and commands...