Word: paces
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Dates: during 1980-1989
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Living up to his advance billing was not easy. "They seemed to think I could win on a donkey," he recalls. Although he did win his first race, his performance soon fell behind the pace of his publicity. There were rumors of a "Get the Kid" campaign by established jockeys. Moreover, Cauthen had to become accustomed to the English racing scene, which is, by some standards, a bit eccentric. "In America all of the race courses are flat, lefthanded, about a mile around and usually dirt," notes Cauthen. In England, "they are just where they laid them out 200 years...
...third annual meeting to assess the region's economic performance and prospects. The board members reported that East Asia is enjoying its most spectacular growth since the go-go years of the 1970s. Japan, the area's industrial giant, is cruising at a 5% to 6% annual pace, while fast-rising South Korea, Singapore, Taiwan and Hong Kong are expanding at supercharged rates in the 7% to 10% range. Even China, which a decade ago was an economic backwater, is growing at a 9.5% clip...
SOUTH KOREA. Strangely, South Korea has been worried about growing too fast. In 1983 its economy expanded at a 9.5% pace, and the government of President Chun Doo Hwan became concerned that inflation, which was a modest 2.5% that year, might speed up. Officials remembered how a 29% inflation rate in 1980 helped produce a crippling recession...
...income of $10,178 for a family of four, rose from 12.6% in 1970 to 13% by 1980. Murray contends that this lack of progress cannot be blamed on a sluggish economy. The annual growth of the gross national product averaged 3.2% in the 1970s, a faster pace than in the Eisenhower years, when the prevalence of poverty declined. Murray, however, does not fully address the argument that growth was sporadic during the 1970s and that wage increases were badly eroded by inflation...
...hope in this grim picture is the rapid pace of research with the newly identified AIDS virus. There is now little doubt that the viruses isolated by the Pasteur group and by the NCI team under Dr. Robert Gallo are the same microbe. They are, however, slightly different strains, "like two brothers," explains Jean-Claude Chermann of Pasteur. Though a few questions remain, most researchers are now convinced that the virus is indeed the primary cause of AIDS. The evidence is compelling...