Word: sectoral
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...facing a skills gap. About 4.5 million new jobs have been created since May 2003. The majority require higher skills and higher educational levels, and that means these are relatively well-paying jobs. Our job is to make sure that we provide training and work with the private sector to train the workforce...
...Tourists with the right Global Positioning System software in their computers will be able to link up with Network Plus as they explore the island, locating the nearest restaurant or bar. ADB decided upon Mauritius because its government has liberalized the technology sector and offered incentives to high-tech companies to set up there, and because the island's size allows for a quick rollout. "We want to introduce this new concept of mobility that we call Nomadism," says Rahim, "being able to move around with the Web wherever you go." Tourism authorities hope the wireless network will convince business...
...scrutiny is a response to the exponential growth of the nonprofit sector over the past decade--and to concerns that some institutions are scamming the system by seeking tax-exempt status. The Internal Revenue Service lists more than 1.8 million charities, up from 739,000 charities 25 years ago. The tax-exempt sector includes not just soup kitchens and scholarship funds but also labor unions, hospitals, the NCAA--even Major League Baseball. "Today you see nonprofit holding companies," says Minnesota state attorney general Mike Hatch, who has aggressively pushed for better nonprofit governance. "We're dealing with multibillion-dollar enterprises...
...challenge is to reform the nonprofit sector without crushing it. Critics say voluntary disclosure doesn't go far enough. "To think that disclosure by itself is going to stop abuse is being naive," says Pablo Eisenberg, founder of the National Committee for Responsive Philanthropy. "There is a need to ask big questions, to say, 'Are pieces of the charitable sector still legitimate?'" But few people, even regulators, are willing to saddle nonprofits with a version of Sarbanes-Oxley. California's Lockyer hopes states can help nonprofits develop better management skills rather than simply throw a raft of new rules...
...community-service project and continue taking courses incorporating social responsibility throughout their tenure. Like the students, Michigan's faculty spends a great deal of time focused on social problems. Renowned professor C.K. Prahalad, for instance, recently penned The Fortune at the Bottom of the Pyramid, detailing how the private sector can both profit and do society good by building businesses that serve poor consumers...