Word: sectoral
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...Great cities, of course, are about more than money and finance. They are messy agglomerations of talent and culture. That is how they attract men and women in the financial sector who could choose to live anywhere. (Granted, nobody yet would argue that Hong Kong was London or New York's cultural equal, but it's a younger place.) That's a reason why Nylonkong needs to be careful not to kill the goose that laid its golden egg. These places are not cheap. According to the consultancy ECA International, Hong Kong's high-end apartments last year...
...simply, China has been investing too much, too fast, particularly in its export-oriented manufacturing sector. The most striking evidence of this is the relatively small role Chinese consumers play in the economy. Household consumption as a percentage of GDP fell to 36% in 2006, perhaps the lowest such ratio in the world. At the other end of the scale is the U.S., with a household consumption-GDP ratio of 72%. For years the U.S. has been consuming too much and saving too little. China has the opposite problem...
...manufacturers to absorb cost increases without cutting employment. Indeed, high productivity growth is a more important factor than the exchange rate or government subsidies in explaining China's international competitiveness. Researchers for the Conference Board in New York City recently calculated average annual productivity growth in China's manufacturing sector at an astonishing 20.4% from 1995 through 2003. That's almost six times faster than productivity growth in Europe...
...unemployable, and will make you slightly guilty about breathing the same air as the fine employees of McKinsey & Company. You don’t seem excited. Maybe we should go to square one. Just to make sure, you are looking for a lucrative job in the private sector, right? No? Not the...the public sector? (Several moments of tense silence pass.) Get the fuck...
...drug companies were fixing the market to squeeze out copycat medicines. They included forays on Pfizer, Merck, Bayer Schering Pharma and Roche as well as generic firms such as Teva and Sandoz. Hours later, with almost ironic understatement, the E.U. competition watchdog said it had merely launched a "sector inquiry into pharmaceuticals with unannounced inspections...