Word: successors
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...push the burden of inflating the economy onto the central bank not only underestimates Hayami's efforts but overestimates the options available to his successor. The deflation busters insist that the BOJ can jump-start growth by encouraging more investing and spending. But a central banker has a relatively small number of imprecise tools at his command, and the current governor has exhausted virtually all of them. Over the past five years, Hayami has consistently kept interest rates at nearly zero in a desperate bid to get people spending. Money in Japan is practically free for anyone who wants...
...search for D’Alessandro’s successor began in November after the committee voted 6-1 not to extend her contract...
Neil L. Rudenstine, Bok’s successor as president, publicly criticized the 1996 ruling of the Fifth Circuit Court of Appeals in the case Hopwood v. Texas, which forbade the University of Texas from using race as a factor in law school admissions...
Somerville said he was unsure how the search for his successor will proceed...
Thaksin Shinawatra vs. Purachai Piumsombun: Thailand's Prime Minister, left, and its popular Justice Minister faced off after a budget dispute spilled into the headlines. In better days, Thaksin called his Thai Rak Thai colleague (and police-academy classmate) a potential successor. But last week he told a group of generals, "I will have to look for someone else" because Purachai "can't get along with anyone." Purachai claimed the real issue was his refusal to "rubber stamp" an inflated budget request from his permanent secretary, who happens to be Thaksin's brother...