Word: output
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...saved Japan's rapidly dwindling forests--and perhaps the country itself--through strict logging regulations. Although less likely than their samurai forebears to enforce conservation with decapitation, Japan's modern leaders do take a frugal approach to energy. Since 1973, Japan has nearly tripled its industrial output while holding energy consumption in the manufacturing sector roughly flat. Household appliances have increased in size while using less energy, thanks to a government program called Top Runner that constantly raises efficiency standards, making Japanese homes twice as efficient as their American counterparts...
...Argentina and Russia are booming, too. Indeed, developing economies are doing much of the heavy lifting today. According to the World Bank, they collectively grew about 7% last year-more than twice as fast as high-income countries-and developing nations now account for 49% of world economic output, up from 39% in 1990. "For the first time in many decades, the global economy enjoys multiple sources of economic growth, of which the U.S. is not the most important," says Gail Fosler, chief economist at the Conference Board, a business-research outfit in New York...
...rest of the world doesn't have enough vigor in its private consumption" to offset U.S. declines, he says. Now he's concerned, too, about signs he sees of a possible Chinese slowdown, including a steep drop in the growth of investment spending and reduced gains in industrial output. A less dynamic China is one reason Roach thinks global growth this year will be "significantly below what most are expecting...
Higginbothom added that although she was excited about the news, she felt the ranking’s emphasis on faculty output ignored many other significant qualities of the department, such as the mentoring and teaching abilities of its professors...
Jacob K. Olupona, professor of African and African American studies and African religious traditions, said that the department’s high output rate was a result of the atmosphere of collaboration fostered amongst professors...