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...mean a strong finish. China is a case in point. Its GDP has grown at a rate of about 10% a year for a decade. The government has done whatever it needed to do to keep the economy on track. It has underwritten the build-up of the manufacturing sector, the telecom and electric infrastructure, and a large and complex financial system. It has also sold parts of the nation's largest companies to the public to give the companies more access to capital. The communist central government says it will put about $585 billion into the domestic economy...

Author: /time Magazine | Title: When China and Brazil Become a Better Investment Than the U.S. | 3/10/2009 | See Source »

...question of whether we could learn anything for the future of mainstream media by looking at the present of adult media. 2. FM: What about the porn industry is interesting to an economist?BGE: This is an industry that consistently manages to adapt innovations before just about any other sector. If you go back to cavemen, these folks were drawing adult materials on the walls of their caves about as early as they were drawing anything else. And so too for early terracotta, early photographs, early film, early recorded home video, DVD. You name it, this industry has it first...

Author: By Luis Urbina, CONTRIBUTING WRITER | Title: Fifteen Questions with Benjamin G. Edelman '02 | 3/10/2009 | See Source »

...villagers of Nazi spoke of a regime that conscripted them as forced labor and made them pay prohibitive taxes or buy expensive business licenses that robbed them of any chance at economic mobility. Because they are not considered citizens of Burma, they cannot work in the public sector as teachers or soldiers or doctors. Nor can they attend university in Arakan's capital, Sittwe, where communal violence between Buddhists and Muslims flared eight years ago. The villagers' tone when describing their plight was matter-of-fact, as if they were complaining of a rainstorm or a bad case of influenza...

Author: /time Magazine | Title: Visiting the Rohingya, Burma's Hidden Population | 3/10/2009 | See Source »

...Gould-Wartofsky ’07, J. Claire Provost ’07, and Kyle A. Krahel ’08. Both Provost and Gould-Wartofsky were members of SLAM during their undergraduate careers at Harvard. “We are aware that the economic downturn is affecting every sector of the economy,” Provost said. “But when we were undergraduates, we formed relationships with these workers. Even now that we are alumni, those relationships have not died out.” The protesters—who, according to Provost, included alumni, students, and parents?...

Author: By Brian Mejia, CRIMSON STAFF WRITER | Title: NYC Alums Protest Potential Layoffs | 3/9/2009 | See Source »

...overhauling the nation's banking and securities regulations, Dodd's populist ploys give many on Wall Street pause. "The competition for capital and talent is now global. What we saw when the Senate inserted the executive-compensation restrictions was a cause and effect," Tom Quaadman, who works on financial-sector issues at the U.S. Chamber of Commerce, says, pointing to examples of companies like Deutsche Bank and UBS poaching U.S. talent driven away by the new rules. Looking ahead to re-regulation, Quaadman says, "If we're misapplying solutions and not addressing appropriate problems, this could have unintended consequences...

Author: /time Magazine | Title: Connecticut's Chris Dodd Faces a Backyard Rebellion | 3/9/2009 | See Source »

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