Word: slowdowns
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...increase by 46 million worldwide, just as credit for developing countries becomes harder to secure, global trade withers, and remittance payments - the money sent home by workers overseas - plummets. Developing countries are more protected from downturns in production, but they're the most exposed to a prolonged global slowdown. The World Bank makes clear that in this recession, there's nowhere to hide. (See pictures of the global food crisis...
...effects of a global economic slowdown on developing countries: "The slowdown in growth will likely deepen the degree of deprivation of the existing poor. In many LICs, large numbers of people are clustered just above the poverty line and are therefore particularly vulnerable to economic volatility and temporary slowdowns...
...letter addressed to University President Drew G. Faust last week, Senator Anthony D. Galluccio expressed his opposition to the construction slowdown, citing the move’s negative impact on the vitality of the neighborhood...
Though other politicians did not write formal public letters, many voiced similar concerns about the implications of a construction slowdown...
...some time, FAS began to seriously consider implementing it around November, when it became clear that the financial crisis was going to hit the University hard, said Dean of the Faculty Michael D. Smith. Since Smith has slashed the number of visiting professorships for next year and the hiring slowdown will limit the number of new lecturers FAS will be able to hire, the new program provides an economical alternative to fill teaching vacancies. While professors acknowledged that FAS needs to cut costs, some said the program may detract from the ladder faculty system. Others also voiced concern that...