Word: reformations
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...ventures, and Japan found itself in a disastrous deflationary spiral. In desperation, the BOJ reduced interest rates to zero in 1999, but it had little impact for years because Japanese companies were hobbled by so many other problems, like bloated payrolls and debt-laden balance sheets. Under the reform agenda initiated by Prime Minister Junichiro Koizumi in 2001, however, Japanese industry began to modernize and streamline. Taking the helm of the BOJ in 2003 as Koizumi's handpicked favorite, Fukui led central-bank intervention into uncharted waters. His predecessor frequently claimed impotence, saying there was little a central bank could...
...Engine? An ailing carmaker seeks change Auto-biz turnaround whiz Carlos Ghosn, CEO of Renault and Nissan, visits Detroit this week to discuss an alliance with struggling General Motors, whose shareholders are agitating for reform--and a higher stock price...
...federal court held Shleifer liable in 2004 for conspiring to defraud the U.S. government by privately investing in Russia while leading a Harvard economic reform program in the country. The Harvard program was funded by the U.S. government...
...professors also said they believed that Calderón would be able to enact more of his economic reform agenda unlike Fox, whose plans were consistently blocked by the Mexican Congress...
...because the committee’s work is considered confidential and the individuals agreed not to divulge what they had been told by committee members.A federal court held Shleifer liable in 2004 for conspiring to defraud the U.S. government by privately investing in Russia while leading a Harvard economic reform program in the country. The Harvard program was funded by the U.S. government.Last year, Harvard agreed to pay $26.5 million to settle the suit, in addition to a $2 million payment by Shleifer himself, who has denied any wrongdoing.Knowles’ reaction to the report could be the first...