Word: sectoral
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Dates: during 1980-1989
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...vast 1979 oil spill in the Gulf of Mexico would wipe out the area's shrimp industry. That disaster did not occur, apparently because the ocean has a greater capacity to break down hydrocarbons than scientists thought. But there may be a limit to how much damage a sector of ocean can take. Under assault by heavy concentrations of sludge, for example, the self- cleansing system can be overwhelmed. Just like decaying algae, decomposing sludge robs the water of oxygen, suffocating many forms of marine life. What effect chronic contamination from sludge and other wastes will have on the oceans...
Some economists believe most service companies, including fast-food chains and hotels, will be forced to raise wages over the next few years. Says Abel Feinstein, an economist at the Michigan Employment Security Commission: "There is no shortage of people to fill these service-sector jobs. If you increase wages and improve the working conditions, you won't have a shortage anymore...
...modernization" program. Beijing has abolished the commune system in favor of individual and family farming, and has introduced incentives for high productivity as well as a limited but thriving free market for produce. By contrast, Soviet agriculture is still mostly collectivized, centrally planned and inefficient. It is one sector of Soviet life largely untouched by Gorbachev's perestroika (restructuring...
...last week, it was clear he would not seek a criminal indictment. A few hours later in Sacramento, the Attorney General declared that the result "fully vindicates me" and announced that he would resign by the end of this month or early August to "accept opportunities in the private sector." Meese had not yet read the 830-page report, which will probably not be released before July 15, but in making his announcement he followed the historic dictum of cagey generals engaged in losing battles: declare victory and leave the field. Whether the chief law-enforcement official...
Altshuler has published widely, focusing his work on urban planning and transportation issues, but also touching on industrial policy. In addition, he has experience in the public sector, Altshuler served as Massachusetts Secretary of Transportation from...