Word: reformer
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...with more than one antibiotic at a time just to be safe?a practice that also encourages resistant bacteria. It doesn't help that drugs are a vital revenue source. Mainland hospitals generate at least 80% of their revenues from drug sales, according to China's National Development and Reform Commission...
...yuan should give the rest of Asia a little breathing space. In order for their industries to remain competitive with China's, central bankers throughout the region have been trying to keep their currencies from appreciating against the dollar?an increasingly difficult challenge as their economies strengthened. Yuan reform could remove the first log from the logjam?the Japanese yen, Korean won and Thai baht all rose against the greenback immediately after China revalued. And within an hour of Beijing's announcement, Malaysia ended its 7-year-old peg of the ringgit to the dollar, which was imposed during Asia...
...through Asia and the rest of the world. By giving scope for Asian currencies to strengthen, economists expect that the yuan's rise will effectively boost consumer-spending power throughout the region, because imports will become cheaper and interest rates will tend to remain low. In this way, the reform of the yuan could usher in a major shift in the way the global economy works: the knock against Asia is that it saves too much and spends too little, while the U.S. spends too much and saves too little?leading to huge U.S. deficits that some economists fear could...
Queen Elizabeth II bestowed the honor on Berwick, a leading authority on health care quality and improvement, for his efforts to help reform Britain’s National Health Service (NHS) since the mid-1990s...
...course, it will be hard to get Kim to undertake such reforms. The Romanian example undoubtedly weighs on him: Kim would certainly fear suffering the same bitter fate that Ceausescu experienced if he unleashes reforms he cannot control. That is why any effort to promote structural reform requires not just major carrots if Pyongyang cooperates, but sticks, particularly the credible threat of multilateral economic sanctions, if it does not. The status quo must be made unsustainable. Kim must be forced to choose cooperation or risk a confrontation that would impose an economic noose around his country's neck. He must...