Word: succession
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Dates: during 2000-2009
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...speed and relative success so far of China's stimulus stands in stark contrast with that of the U.S. According to a recent study by the World Bank, Beijing's government spending will generate more than 80% of the country's overall economic growth this year. This is partly because China was already in the midst of a nationwide infrastructure program when the recession hit. Emergency spending measures simply added to existing schemes already under way. In other words, the projects really were shovel-ready, and the money hit the streets quickly - and in large dollops. Outlays on new railway...
...capital markets, but that is unlikely to prevent Beijing from continuing to push for the IMF to take a greater role in policing global markets. At its core, despite embracing many aspects of the market, China runs a top-down, command-and-control economy, and its success so far in skating through the recession relatively cleanly may encourage other developing countries to adopt its brand of capitalism...
...issue; China then entered an era of foreign domination and internal chaos, which ended with the imposition of political stability by the Communist Party in 1949; in 1978, after another round of internal unrest, China chose to modernize its economy and adopted market mechanisms to do so, with astonishing success. Cut (in the movie version of this story) to a shot of the crazy skyline of Pudong from the banks of the Huangpu in Shanghai...
...tells her story in the first person, is a difficult infant whose frustrated parents try her out in the water. "I kick; it moves me, and I feel joy," she says, which is the simple secret of her eventual success. Until then, she's stuck in the trappings of a tearjerker minibiopic: in small-town Kansas with a sister dying of Hodgkin's disease, a mother and father in emotional retreat and a Catholic school full of nuns who have no respect for the art of the 200 free...
...since James Baldwin has a black gay writer achieved the success of E. Lynn Harris. While exploring the boundaries and taboos of sexuality, Harris--who died on July 23 at 54--turned the black community and the literary world upside down, with 10 consecutive New York Times best sellers and more than 4 million copies of his work in print. Unlike Baldwin, Harris wrote for the masses, introducing readers to a fabulous world teeming with prosperous but morally conflicted black characters...