Word: sectoral
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...that aim to improve the world while boosting profits - or at least aren't perceived to be wasting money. During the recession, "a lot of activities will be linked to how companies can do business differently rather than just philanthropic giving," says Penny Fowler, who heads Oxfam's private-sector-advocacy team. "And that could be a good thing...
...world into this mess - and the recent revelations about payouts to fat-cat executives at AIG, RBS and elsewhere are stoking the anger. It's time for some symbolic action. One suggestion: an agreement that every firm receiving taxpayers' money should pay its employees the same as other public-sector workers, such as teachers. That would assuage public fury, and provide an incentive for the banks and insurers in question to sort out their problems fast...
...priority: restarting trade. Behind the stomach-churning drop in the world economy is a factor that governments have largely ignored: a slump in trade. The flow of imports and exports has actually contracted more dramatically than the world economy as a whole, because its lifeblood, private-sector trade finance, has dried up. This is fixable, since most governments have export-credit organizations dedicated to trade finance. Governments should instruct them to jump-start trade flows until private sector financiers return...
Cash-poor, time-rich volunteers like Anglesea have every right to believe that what they are doing is just as valuable as handing over cash. Indeed, the charity world puts a cash value on volunteers' time--$19.51 an hour, estimates Independent Sector, a think tank for charities. But food banks still need supplies to distribute, and volunteers' shift toward time, not money, is only part of what threatens nonprofit budgets for years to come. Traditional bastions of financial support have plenty of their own problems. Corporations and foundation endowments have been crushed by the stock market. State governments...
...forum discussion following the awards presentation, Ifill offered an anecdote that explained why she preferred the public broadcasting sector to a cable news network...