Word: regionalization
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Dates: during 2000-2009
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...Nowhere is the policy challenge bigger than in Asia. With the region's recovery gaining pace more quickly than elsewhere, it could be the first region to face inflation pressures. In China, growth is rapidly returning to pre-crisis levels. On Oct. 22, China reported that its gross domestic product grew by a healthy 8.9% in the third quarter, from the same period a year earlier. Inflation in China "will rise faster than in most other major economies and will therefore justify earlier and stronger-than-expected rate hikes," wrote Jun Ma, an economist at Deutsche Bank in Hong Kong...
...question if Asia will take such action, even if it does prove necessary. By raising rates ahead of the rest of the world, Asia could attract capital flows and put pressure on its currencies to appreciate. Stronger currencies would make Asian exports more expensive - a consequence policymakers in the region's trade-dependent economies might wish to avoid. "Unless you are really forced to do something independent of the Federal Reserve, you are probably not going to go that route," says Duncan Wooldridge, an economist at UBS in Hong Kong...
...base of the fan sucks in air and pushes it up into the ring. The air rushes out of tiny, millimeter-long slots that run along the circular frame and flows down a gently sloping ramp. As the air emerges from the ramp, it creates a circular low-pressure region that pulls in the air from behind - creating a fairly uniform flow of air through the ring. (See the 25 best back-to-school gadgets...
...weak El Niño, a warming current in the Pacific Ocean that is can be used to predict weather patterns, according to the National Weather Service’s website. Strong El Niño currents are often correlated with warmer-than-average winters in the New England region...
...state tuition and fees at public, four-year schools rose 6.5% this year to $7,020 ($15,213 with room and board). Out-of-state costs saw similar increases, to $18,548 for tuition and fees and $26,741 with room and board. New England was the most expensive region for several types of schools; private, four-year schools averaged $43,884 with room and board, compared with $30,220 in the southwest...