Word: problem
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...that social incentives and norms crucially influence economic choices and decision-making. Through incorporating this new idea into standard microeconomic theory, we can change the way we view various challenging policy issues. Ironically, this new path of economic study might show us that sometimes the solution to a pressing problem might not be one of money or programs but rather, one of culture...
...Greece and the European Union rush to stop the Greek problem from spilling over into the rest of the EU, we urge them to take heed of popular sentiment and not shore up Greek debt with taxpayer money from Germany and France—the only two eurozone economies in a position to help. Doing so would constitute forcing a stronger political union on eurozone and, more broadly, EU member-countries where such a union does not exist and is not wanted by their citizens...
What may seem like a rather isolated problem is really much more. Ever since the EU, with Germany at the helm, ushered in the Euro in 1999 (some say hastily), the fiscal collapse of any one eurozone country has had the potential to erase confidence in the common currency that underpins the economic structure of them all. A catastrophic loss of faith in the Euro, a currency second only to the United States Dollar in importance, would have grievous ramifications worldwide...
Currently, the IMF is largely sitting on the sidelines in an advisory role to Athens as France and Germany seek a European solution to what they think of as a European problem. But, as the pitfalls of a Greek collapse would extend far beyond EU borders, European leaders should be more open to the idea of an IMF-directed bailout than they currently...
...most - is the Mekong River Delta in the south. Water levels in the nation's rice bowl have fallen to their lowest points in nearly 20 years, threatening the livelihoods of tens of millions of people who depend on the river basin for farming, fishing and transportation. The biggest problem, however, is not the water. It's the salt. During the dry season, when channels and tributaries run dry, seawater can creep more than 18 miles (30 km) inland. Vietnam has installed a series of sluice gates to hold back high tides as well as control annual monsoon flooding. This...