Word: robustness
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Dates: during 2000-2009
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...contrast, East Asian economies have robust balance sheets, except for Japan. Unlike the U.S., China and South Korea do not need to print money to fund their stimulus packages. And their spending is geared toward the future rather than toward mopping up the excesses of the past, as the U.S. must do. Green projects account for 81% of South Korea's economic-stimulus programs and 38% of China's - the proportion in the U.S. is just...
...Nick Gibson, analyst at Games Investor Consulting, says that while the $7.85 billion RPG market is expected to increase by a healthy 27% this year, the micropayments submarket will grow by an even more robust 40% to 50%. That's partly because customers seem to prefer not being locked into playing just one or two online games by stiff up-front charges and subscriptions. And, freed from paying a set fee each month, some players actually end up spending more. Four years ago, Shanda Interactive Entertainment, China's biggest online-game developer, ditched subscriptions for the freemium model and turned...
...first, the idea of surfers riding waves within view of Chicago's iconic skyline may seem bizarre. But this city has long had robust beaches. This spring, Chicago opened its newest beach, on the South Side, and a former resident of the South Side - the city's favorite adopted son, Hawaiian-born President Barack Obama - is a surfer, although it's hard to imagine him ever taking to the shores of Lake Michigan. The city's beaches have more than a century's worth of history. In the 1890s, a group of prominent Chicagoans, including doctors and businessmen, lobbied...
That's to say, before you run out to start an import-export business, take a look at some other numbers in the shipping world that are far less robust. Shipping by container, typically finished goods, remains troublingly cheap, a sign that consumer products are still not flowing between continents. The price for a 20-foot equivalent unit (TEU) container on an East Asia-to-Europe voyage is reportedly currently maxing out at a paltry $500. Though the pace of the drop in rates has slowed, there are signs that charter prices have still not bottomed out, having dipped below...
...completion in the coming months and years. "There are new and larger ships on order," notes the source. "I fear that overall rates will not be as responsive to the recovery as a whole." In other words, just as skyrocketing prices in raw-material transport don't guarantee a robust global recovery, nor would a sluggish rebound in shipping profits preclude a bullish outlook for the overall economy...