Word: reformer
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...keep that change going, the Chinese government has more work to do, however. Though the ingredients of rebalancing might be percolating in Xi'an and the rest of China, making it actually happen will take additional reform. The economy is still too dependent on investment and government spending instead of private consumption. Even though consumer spending is increasing, it is not growing quickly enough. Private consumption's role in the economy has actually been declining, to a mere 35% of GDP in 2008 from 46% in 2000. Economists say policymakers need to speed up the development of a better social...
...attention to the news today, there are so many stories that have an economic or business or finance angle to them, whether it is health care reform or bailouts or the stimulus package,” Nieman Foundation Curator Robert H. Giles said. “There are important economic elements to each of these stories...
...plan to reform the Harvard College Library system, which was recently detailed in the university’s Library Task Force Report, aims to reduce the costs of maintaining the vast but fragmented Harvard College Library system by uniting the university’s 73 libraries under a central administrative body, transitioning to digital books in lieu of physical copies, and participating in book-lending programs with other schools...
Last Monday, the generally sage New York Times columnist David Brooks drew a somber line in the sand for health-care reform: “We all have to decide what we want at this moment in history, vitality or security. We can debate this or that provision, but where we come down will depend on that moral preference.” In the eyes of Brooks and a great many others, reform may very well create a more decent society—but only at the expense of economic dynamism and our oh-so-youthful American spirit...
...most “vital” groups in the country: working-class families and young, self-employed entrepreneurs. Those who are un-wealthy are at high risk to be unhealthy, but those who merely work hard outside government and corporate safety nets also need a powerful dose of reform. It’s difficult to say we’re doing well by pioneers when the average citizen worries about starting her own business because of medical bills. It’s tough to say we’re economically flexible when the average American family worries about bankruptcy...