Word: sectoral
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...your middle class and poor, and let the rich top up care as they see fit. As Rua puts it: "The [French] system ensures quality treatment for everyone, but it isn't there to eliminate the realities that exist in every country - and in every professional and economic sector - that give the more affluent a wider variety of choices, and the ability to seek élite care." With reporting by Bruce Crumley / Paris and Stephanie Kirchner / Berlin...
...companies who are betting on India's growth will eventually look for better returns elsewhere. In the absence of better opportunities, Indians will continue to seek the security of government jobs for their children, making it that much more difficult to reform India's bloated bureaucracy. Without public-sector reform, India won't be able to build the modern intelligence, police and emergency services it needs to cope with 21st century terrorism...
...recovery to last beyond the end of the year, China's crucial manufacturing and export sector must revive. Otherwise, Wood says, stimulus spending could result in a "skewed outcome": billions of dollars in loans made to artificially boost growth could start to go bad, dragging down China's banks; at the same time, the country would remain saddled with a glut of factories producing a vast surplus of goods no one wants...
...Smith will spend the summer getting a head start on planning the wedding, since starting in the fall, it will be harder to find a spare moment. Gottlieb, a biochemical sciences concentrator, will begin medical school at Johns Hopkins University, and Smith will take on a public-sector consulting job with IBM. They will live together in Baltimore...
...number of seniors entering finance and consulting has fallen from 47 percent in 2007 to 39 percent in 2008 to 20 percent for the current Class of 2009. The financial sector saw the largest reduction, falling from 23 percent to 11.5 percent, while the share of seniors entering consulting fell from 16 percent to 8.5 percent. Click image above for graphical survey results...