Word: overly
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Dates: during 2000-2009
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The people who do see a meaningful benefit are, by and large, already rich. Economists James Poterba and Todd Sinai found that the tax savings from the mortgage-interest deduction for households earning more than $250,000 is 10 times the tax savings for households earning $40,000 to $75...
Have you ever found an incident of corruption involving a Grameen Bank loan? Rudi Toruan, Samarinda, Indonesia We have cases of corruption, but Grameen Bank now has 28,000 staff, 8 million borrowers and 2,600 branches. We lend out over $100 million each month and have a similar amount...
China is on a roll, particularly when viewed over time. Visiting or living in China every year over the past three decades, I have had the personal opportunity to witness dramatic transformations. When I first went to China in 1979, vestiges of the Cultural Revolution were still evident: revolutionary slogans...
Much of this dynamic growth has been export-driven, benefiting the low- and medium-technology sectors of the economy. But China is beginning to move up the technological ladder and is becoming more innovative in certain sectors such as electronics and biotechnology. The country has become a manufacturing superpower and...
Chinese intellectual life has also improved, although over time this remains one of the real dark spots of Chinese communist rule. For six decades intellectuals have been persecuted, harassed and forced to conform and create within various boundaries set by the state. They continually probe the boundaries - until the state...