Word: sectoral
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...rose, the Karachi stock exchange outperformed regional neighbors and GDP grew on average 7% a year. The lifting of international economic sanctions, imposed in 1998 when Pakistan tested its first nuclear bomb, was partially responsible for the boost, but Musharraf also privatized key industries and opened up the banking sector. The rapid growth, however, exposed cracks in infrastructure that was failing to keep up. "The economy has been good for big business, good for the per capita averages and good for GDP," says Tasneem Noorani, who served as Secretary of the Interior under Musharraf. "But it has not been good...
...Well, has the private sector run it efficiently? No. We've had this drummed into us for so long, that the public sector can't do things well, but then in the case of health care we have seen the private sector screw up on a tragic, disastrous scale. We have learned that the profit motive is not a good thing to base the delivery of health care around. Medical debts are the number-one cause of bankruptcy in America...
...development of these technologies is currently taking place largely in the biomedical and safety fields, but Annalisa Bonfiglio, a professor of electrical and electronic engineering at the University of Cagliari who coordinates the Proetex project, thinks sports could be the sector where the most potential lies. "Sportswear is an extremely powerful means for promoting the acceptance of these new technologies by common people," says Bonfiglio, noting that the technology Proetex develops for rescue workers could easily be used later for sports applications...
...left the Republican Party [because] my views of the role of government changed. I used to think that the private sector would solve many of the major problems we are facing--poverty, inequality. And then I saw firsthand that this wasn't going to happen...
...Fruits of Labor No sector illustrates the squandered opportunities of Med trade better than agriculture. Though plagued by poor management in North Africa and market-distorting subsidies in Europe, farming is ripe with possibilities. If they are not taken advantage of, however, the consequences are plain: farmworkers in North Africa will head for Europe. Last year, as many as 1 million are believed to have left the poorer shores of the Mediterranean. (The figure includes not just those from the Maghreb, but also migrants from sub-Saharan Africa, the Middle East and Asia, drawn to people-trafficking routes that transit...