Word: stagnant
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...times have changed. After nine years of Deng Xiaoping's "Second Revolution" -- economic reform -- two Chinas have emerged. In the relatively prosperous coastal regions, millions of successful entrepreneurs are building a future in exports to the outside world. Meanwhile, most of the interior provinces lag well behind, thanks to stagnant state planning, price-controlled agriculture and millions of cadres clinging to Mao's rusty concept of the "iron rice bowl," lifelong employment guaranteed by the state. In parts of the interior, especially the large cities and Sichuan, Deng's home province and the laboratory for economic reform, some have prospered...
...Offensively, we were stagnant," Phillips said. "We were just standing around waiting for someone to do something...
...richer and stronger. Kennedy expects both China and Japan to improve their shares of world power; if the European Community can submerge national disputes and agree on common goals, then it too will find its wealth and influence increasing. The Soviet Union possesses a vast military machine and a stagnant economy; uh-oh for the U.S.S.R...
...stately turn-of-the-century building situated between the royal palace and the Belgian Parliament, La Generale today employs nearly 100,000 workers and holds interests in 1,261 firms, including the country's biggest banking, insurance, mining, trading and chemical concerns. Yet the company has grown unfocused and stagnant, depressing its profits and market value...
Even in the numbers game, though, ominous signs point to a retrenchment. Within the past couple of seasons, the Oakland Symphony has folded, and the San Diego Symphony temporarily suspended operations. The Houston Symphony, once a glittering symbol of a booming community, now reflects its city's stagnant economy: its music director is leaving, and there has been an administrative shuffle as well. The San Francisco Opera, one of the nation's largest companies, canceled its summer season because of a $2 million deficit. Says Tully Friedman, president of the company's board: "We're going to have to retool...