Word: regionalize
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Dates: during 1990-1999
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...Thaci's greatest hurdle may be his own character. The isolated region of Kosovo where he was born, Drenica, is known for its hardheaded individualists. Those same rural traditions--"a Drenica person opens his heart to no man," says a longtime friend--have given Thaci a secretive, lone-wolf personality ill suited to democratic politics. At dinner that reserve undercut his every attempt to sound Western and humanistic. When asked what his plans were for the Serbian civilian minority that remains in Kosovo, he assured us its inclusion was important to rebuilding the province. "We're not interested in building...
...thing, the region's entrepreneurs are not what they used to be. By and large, Asian institutions that looked on paper like modern corporations were really overgrown family firms, whose growth depended on the personal wealth of their owners and their ability to leverage that wealth through bank loans. Well, it will be a long time before Asian banks are able or willing to provide the kind of funding they used to--and, in any case, the entrepreneurs, their fortunes slashed by the crisis, cannot provide the necessary collateral...
Inevitably, worries about Japan color the prospects of the whole region. And Japan was in trouble long before anyone even imagined that the words Asia and crisis could be used in the same sentence...
...with a silver lining. Has Asia's crisis laid the foundation for sounder economic growth in the future? The answer is a definite maybe. The crisis has curbed some of the worst abuses of crony capitalism, and it has tempered the dangerous belief that "Asian values" somehow made the region's economies bulletproof. The crisis has also probably done some good by softening free-market fundamentalism: countries are less likely to be pressured into throwing their capital markets open to the world before their financial markets are ready, and Washington is less likely to view the main purpose of economic...
...Miccosukees, the region's revival needs to move as quickly as its demise has. They've always known that the Everglades is as essential as a blood supply--a knee-deep sheet of water that rolls half a mile a day, from the Kissimmee River to Florida Bay, sustaining life in marshes, coral reefs and cities. But a half-century ago, everyone else deemed it a mosquito-infested alligator swamp that was in the way of sugar fields and pink ranch houses. So the U.S. Army Corps of Engineers built canals and levees to drain, rechannel--and utterly trash--eons...