Word: provinciale
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The stop-go cycle of austerity and relaxation results from a paradox. China's reformist economy "suffers not from too much central control but too little," notes Richard Margolis, an executive at the Smith New Court Far East investment firm in Hong Kong. Much of the country's inflation last...
Concessions were made by the other side as well. Mandela's A.N.C., a strong advocate of centralized government, agreed to a system that will provide a share in decision making to the nine provincial legislatures and police forces. And despite intense pressure to place A.N.C. supporters in government jobs, Mandela...
That is the hope. The new law of the land is a package of compromises designed to bring full democracy and a long list of fundamental rights to 28 million increasingly impatient blacks, while assuring 5 million apprehensive whites that black rule will not threaten their lives and livelihoods. After...
As party control slacked off and the drive to make money was legitimized, provincial and city officials went into business for themselves, creating their own special-enterprise zones to attract outside investment. The money and loans to finance these schemes usually came from local branches of the state bank; many...
In such uncertain circumstances, the Moscow government will need a great deal of help from outlying regions to organize the voting in December. But it is likely that many of the provincial towns and districts across Russia's 11 time zones will not rally to the task. They have a...