Word: sectoral
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...might also be more palatable to some because individual managers and entrepreneurs from the subcontinent are familiar faces overseas. Driven in the past by lack of opportunity at home, India's best and brightest have long studied and worked in the U.S. and Europe. America's high-tech sector in particular has an unusual concentration of Indian workers. Some 13% of all private, venture-backed start-up companies in the U.S. are founded by Indian immigrants, according to a study released this month by the National Venture Capital Association. Many of Silicon Valley's high-tech leaders are of Indian...
...flip side of diverting a big chunk of the education budget to create and run sophisticated universities is that millions of Indians have been left without basic education. Another puzzle is why only 7 million Indians?as opposed to 100 million in China?are employed in the formal manufacturing sector. A major reason is that state laws make it very difficult for factories to lay off workers, Luce explains. As a result, Indian capitalists invest in advanced, efficient manufacturing facilities, which allow them to maximize production while minimizing employment. This is good for profit margins, but not for the millions...
...life. She merely proposed that middle school teachers should be compelled to be on the job for 35 hours a week. "We have an absurd system where we have companies on the stock exchange that offer catch-up courses for students, and the people teaching those courses are public sector teachers," she said on a tape officially recording a closed meeting of provincial Socialist officials in Angers last January. "How is it they have time to do paid tutoring but no time to help kids in public school for free...
...videotape picked up the gasps and winces of listeners, who were well aware that most of France's 1.3 million public schoolteachers have always counted on the Socialist party to defend the privileges of French public sector employees. A senator close to Royal's most serious rival, former Finance Minister Dominique Strauss-Kahn, has admitted he procured a copy of the tape for "political friends," but says he had nothing to do with what happened after that. For all its wonkiness, the tape has been viewed 400,000 times since it appeared on the YouTube-like site dailymotion.fr late last...
...paid tutors are what it takes to get through middle school with decent grades, then those whose parents can afford them will fare better, perpetuating the inequities that have kept the underserved urban ghettoes on the boil for years. And the idea of public teachers dipping into the private sector for a little extra cash is bound to strike more than a few French people as downright Anglo-Saxon - or so her supporters hope...