Word: movingness
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Then there is Phibro. Based in Westport, Conn., the unit was originally included among the businesses that Citi wanted to hang on to. And for good reason: Phibro has been profitable every year since 1997, averaging a gain of nearly $400 million a year for the past half-decade. But...
Heightened efforts in the area of resource efficiency are also an urgent priority. A shift from manufacturing-led export growth to more of a services-based consumption model will relieve some of the inherent biases of energy- and resource-intensive growth. But Asia must do more in the way of...
Change and growth have been the mantra for Asia for the past quarter-century. But the endgame of sustained economic development and rising prosperity continues to be a moving target. Developing Asia has enjoyed spectacular success in the decade after the wrenching financial crisis of the late 1990s. But, as...
Global warming has had a real impact on economic development. There are farmers who can no longer till the land that fed their parents and grandparents because it's become almost desert. With changing rain patterns, we have a serious problem of food production. Diseases are moving faster and farther...
Housing subsidies have side effects too. For one thing, they push us to buy rather than rent. There's a positive side to this, as homeowners tend to take better care of their property and their neighborhood than renters do. But there's a negative one too, particularly in times...