Word: shrank
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...dramatic reforms have helped spark recovery sooner than most experts expected. The government predicts that growth in South Korea will bounce back to an annual rate of 2% by the second half of this year; by contrast, the economy shrank 5.9% in 1998. "There is no country in the OECD that has made such rapid changes," says Donald Johnston, secretary-general of the Organization for Economic Cooperation and Development. "Historians may look back and say this crisis has left a healthy legacy...
...criminals in high places. The government can't collect enough taxes to keep afloat, and has delayed economic reforms to preserve stability. Meanwhile, life is so miserable that life expectancy for men has dropped to 58 (from 65 years in the mid-'80s) and the country's population shrank by 400,000 last year. "Russia," says Paul Goble, a Radio Free Europe analyst, "has more in common with Somalia than Poland...
...time, most of the class of 2001--myself included--viewed the Quad with nothing less than neurotic paranoia. And so, like any good Harvard students, we took matters into our own hands. Hoping to manipulate the randomization deans, some of us shrank our blocking groups and fabricated medical conditions. Others, hoping to appease the randomization deities, sacrificed f rozen poultry, chanted ritualistic verses and burned voodoo dolls. Indeed, by the time housing results were actually announced, anti-Quad sentiment had reached a passionate fervor...
...passes by, I will put you in a cleft of the rock and shield you with my hand." Moses will be able to see him from behind. It is not until later that Moses realizes the full consequence of this experience. Returning to his people, he notices that "they shrank from coming near him": his face has taken on a terrible radiance, an emanation that causes him to wear a veil for the rest of his life except when announcing the Lord's will...
...will bleed as long as demand at home and in Asia remains weak," says TIME senior business reporter Bernard Baumohl. And therein lies Japan's vicious cycle: The bursting of the country's banking and real estate bubble created a credit crunch throughout Asia, and the consequent financial turmoil shrank markets for Japanese products -- eating into the manufacturing sector that turned Japan into an economic superpower. The country's Nikkei stock index has been sliding all week due to the earnings reports and general jitters, and it dropped 2.2% more on Wednesday...