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...Eastern Europe, the key to rapid growth is economic reform--the more radical, the better. Countries that have wholeheartedly embraced capitalism and privatization of state industry, like Poland, the Czech Republic and Slovenia, will see 4% to 5% expansion this year and next. Russia, where the problems of postcommunist transition are worse, will show 1% growth in 1997--but that is miraculous after the ruin of the past. In 1998, DRI/McGraw-Hill forecasts, Russian growth will...

Author: /time Magazine | Title: GLOBAL FORECASTING | 9/29/1997 | See Source »

...particularly important in medicine since there are so many fields undergoing such rapid changes," she says. "However, the quality of the mentor should be more important than their particular specialty, since [student] interests often change drastically once they enter [medical] school...

Author: By Molly Hennessey-fiske, CRIMSON STAFF WRITER | Title: Ex-Med School Dean Defends Human Rights | 9/25/1997 | See Source »

Today's market swings have a different flavor in one respect, though. Lately they have been coming rapid-fire, which may lead to yet another conclusion. The Dow rose or fell at least 1% on seven of 10 consecutive trading days at the end of August. Such strings of volatile trading days have been rare, occurring roughly 20 times since 1950, says Alan Shaw, chief technical analyst at Smith Barney. The clusters have overwhelmingly been closer to the start than the end of long rallies. "It's a wives' tale that this volatility is a precursor of some negative move...

Author: /time Magazine | Title: THE DOW'S MILD, WILD RIDE | 9/22/1997 | See Source »

Incessant repetition of myths does not, of course, make them true. Stephan and Abigail Thernstrom demonstrate in their newly published book that the economic rise of blacks was in fact more rapid in the '40s and '50s than in later decades...

Author: /time Magazine | Title: YES, BLACKS CAN MAKE IT ON THEIR OWN | 9/8/1997 | See Source »

Although scientific research continually adds to our knowledge of sharks, the rate of scientific discovery is far outpaced by the rapid growth of shark fisheries worldwide. Some shark populations may be destroyed by overexploitation before scientists even have a chance to study them. Public awareness and sympathy for sharks may ultimately prove the most effective weapon against hideous practices such as live finning and the destruction of sharks for their cartilage resulting from the baseless claims of pill pushers. To find out more about current shark research, visit the shark-research Website at www2.hawaii. edu/~carlm/tigershark.html CARL MEYER Hawaii Institute...

Author: /time Magazine | Title: Letters: Sep. 1, 1997 | 9/1/1997 | See Source »

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