Word: sectoral
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...spread wonderful innovations like that? U.S. support for Africa has more than tripled during the Bush Administration, yet even the most dedicated governments can't meet all the needs of the developing world. We can do more when each sector is doing what it does best. The private sector can lead with innovation and capital. Nonprofit groups can apply solutions where they're needed most. And governments can help expand these solutions on a global scale...
...KILLED. Andrei Kozlov, 41, who, as the first deputy chief of Russia's central bank, worked to reform the country's fast-expanding, long-corrupt financial sector-along the way angering "pocket banks" largely controlled by oligarchs; shot by two gunmen outside a soccer arena; in Moscow. In an effort to make the chaotic industry safer, Kozlov cracked down on money laundering, closed shady banks and lobbied to consolidate the nation's 1,200 financial institutions...
...missions is to be an emergency lender to countries suffering from economic shocks, such as sudden currency devaluation. During the Asian crisis, the IMF loaned billions of dollars to countries including Thailand, Indonesia and South Korea, where years of excessive borrowing and frenzied investment by a financially overstretched private sector (abetted by errant government policies) led to sharp economic reversals. While IMF intervention helped put those countries on the road to recovery, it was not without controversy. For example, the IMF initially urged governments to cut spending, but quickly reversed itself when it saw this would further slow damaged economies...
KILLED. Andrei Kozlov, 41,who as the first deputy chief of Russia's central bank worked to reform the country's fast-expanding, long-corrupt financial sector -- along the way angering "pocket banks" largely controlled by oligarchs; after two gunmen shot him as he left a soccer arena in Moscow. In an effort to make the chaotic industry safer for credit-seeking consumers, Kozlov cracked down on money laundering, closed shady banks and lobbied to consolidate the nation's 1,200 financial institutions...
...nasty divorce and a medical-malpractice suit. Each side feels betrayed by the other, and each brings in a slew of expert witnesses. "The cases that are on the table tend to be really difficult, thorny questions," says Andrew Rotherham, co-director of the Washington think tank Education Sector. "How much is enough...