Word: robustly
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...worst-case scenario: a repeat of the Asian crisis of a decade ago, when regional economies and governments were convulsed by devastating recession. That prospect still seems remote. Growth in Asia has remained relatively robust in 2008 and financial sectors sound. But Asian stock markets, most of which have plummeted by 30% or more this year, are signaling harder times ahead. Falling export growth and tighter credit are already beginning to pinch. Merrill Lynch expects GDP growth in Asia (excluding Japan) of 7.7% this year, the slowest pace since 2003. Next year could be worse if the U.S. enters...
...Philadelphia school still bested the negative 4.4 percent median return of 165 peer institutions, as measured by the Trust Universe Comparison Service. While these returns pale in comparison to the consistent double-digit returns posted by the wealthiest university endowments over the past few years, they remain robust in light of the worst financial downturn in decades—one that has prompted a U.S. government plan to purchase up to $700 billion of toxic securities in an effort to cleanse the balance sheets of the country’s ailing financial institutions. The unprecedented government intervention in the market...
...Within several years, Sweden succeeded in getting its economy back on course. Growth has been as robust as in any country in western Europe in recent years and its banks have helped finance the economic boom in the Baltics and points east. Whether its approach could work in the far larger and more complicated U.S. market isn't clear. Certainly the captains of Wall Street would bray over the mere hint of nationalization. But with hundreds of billions of dollars at stake, it might be worth, at the very least, a hard look...
...swiping, but they bring Harvard up to date with modern security and forgery-protection present at most of our peer institutions. While these long overdue changes are quite admirable and long overdue, one major concern remains: sensitivity. Excitement surely captured us when we first felt the thicker, stiffer, more robust cards in our eager hands. We assumed that, armed with this new technology, we would only have to touch our hips, gently, to that magical spot in order to secure a smooth entry. We soon learned, however, that it requires a good deal of awkward fumbling to find the sweet...
...heavily on mathematical modeling (a forecasting technique that uses historical data and assumptions). "People shouldn't bury themselves in the mathematics, because the mathematics are only tools," says Kenneth Froot, a professor at Harvard Business School who teaches courses in risk management. "One needs to have a wide and robust vocabulary to talk about risk, simply because no single mathematical formula is going to capture all of what risk...