Word: sectoral
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...military. Officials have declared a concomitant "civilian surge" of experts to bolster the embattled country's bureaucracy and economy along with the greater number of troops. But if the U.S. is truly committed to long-term security and stability in Afghanistan, it should be investing in the one pivotal sector that has received scant attention from the international community: education...
...those schools are meaningless if there are no good teachers. In many rural parts of the country, teachers, if they can be found, often have a reading level only a few years beyond that of their students. That's not enough to build a functioning economy, a civil sector or a stable government, let alone an army capable of fighting an insurgency. (See pictures of U.S. troops in Afghanistan...
...executives among CAC 40 firms in France has created a tight-knit milieu where business and personal interests are intertwined in what might raise conflict-of-interest concerns elsewhere. But because of the historical coziness of corporate France - and the current conservative government's pro-business philosophies - the private sector has largely been left to police its own boardroom policies. And this has brought forth little change. When France's main employers' groups, the Movement of the French Enterprises and the Association of French Private Enterprises, drew up corporate-representation guidelines in 2000 to try to diversify French boards, they...
...think the fact that we have a diverse and sophisticated and innovative financial marketplace is a positive. It gives more businesses more tools to raise capital for good ideas, entrepreneurs to start businesses. But when you see more and more of the financial sector basically churning transactions and engaging in reckless speculation and obscuring underlying risks in a way that makes a few people obscene amounts of money but doesn't add value to the economy - and in fact puts the entire economy at enormous risk - then something's got to change...
...heads into 2010, its economic policymakers will have to juggle how to control the property market for consumers like Chen without debilitating it or harming the overall economic recovery. "While the authorities aim to contain property-price increases, they are highly mindful of the importance of stability in the sector, as it bears upon consumption and employment," Jing Ulrich, managing director of China equities for JPMorgan, wrote in a research note. It's a tricky balancing act. But it's a task the other countries still struggling to emerge from the global downturn would envy...