Word: surginger
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Walter Heller, who served as chairman of President Kennedy's Council of Economic Advisers, likes to keep track of the words that his fellow economists and the press use to describe the business outlook. At last count, he had compiled a list of 60 adjectives applied to the emerging...
For all the criticisms, Thatcher has been surging ahead in surveys that rank the rival party leaders by preference as "the best Prime Minister": she scores 48%, vs. 22% for Steel, 16% for Foot and 7% for Jenkins. Much of this, another poll notes, stems from the fact that Britons...
That metamorphosis is symbolic of a sweeping transformation that is creating a New Economy. It is a two-tiered economy marked by swift change and stark contrasts. While traditional smokestack industries are reeling from foreign competition, surging high-technology companies are leading the world in innovation. Though hundreds of thousands...
Every industrialized country is looking to high technology for its salvation. But competitiveness, high productivity, innovation - or their lack - will be even more decisive in the New Economy than in the old; an inefficient chip-maker will suffer just as much as an inefficient steelmaker. And the pitfalls will be...
The explosion of economic despair in Brazil's most populous state (25 million) posed the first major challenge to Governor Andre Franco Montoro, who has been in office for barely a month. A member of the center-left Brazilian Democratic Movement, Montoro was swept into power last November in...