Word: petersons
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...loans, lack of capital and poor management. In 2003 nonperforming loans made up 17.9% of their total portfolios, according to government figures. By the end of last year, that figure had plunged to just 6.7%. Over the same period, according to a study by Nicholas Lardy of the Peterson Institute of International Economics in Washington, the percentage of banking assets in China that meet state-mandated capital-adequacy requirements - a bedrock measure of health for lenders - jumped to 79% from just 0.6%. "China's banks," says Lardy, "have been largely transformed over the past decade...
...worst food crisis since the 1990s. Erica Kang, director of the Seoul-based human-rights group Good Friends, says a "few hundred thousand people are in danger or at risk of famine" in North Korea. Marcus Noland, an expert on the North Korean economy at the Peterson Institute for International Economics in Washington, believes that "hunger deaths are almost surely returning...
...track, but his talks with the North Koreans didn't produce a breakthrough. By alienating its neighbors - and potential donors - North Korea could make it harder to alleviate its food crisis. "It is in the capacity of the North Korans to act in ways that will terminate aid," says Peterson's Noland...
...secondary education its students receive,” Summers said yesterday. Summers, who introduced Broad to Fryer, will serve as chairman of EdLabs’ Stakeholder’s Committee. He said that the superintendents of the three cities had already expressed interest in participating in the project.Paul E. Peterson, a government professor and director of Harvard’s Program on Education Policy and Governance, expressed enthusiasm about the idea of a laboratory for quantitative educational research.“I think something like this is very badly needed, and I think Roland Fryer will be a terrific leader...
...other Harvard recipients of the awards are Charles M. Lieber, Tom Maniatis, Hongkun Park, Ann Hochschild, Sean M. Wu, and Samara Reck-Peterson...