Word: symptom
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...While we may be more accustomed to seeing the companies traded on stock markets merge, the merging of market trading systems themselves are yet another symptom of globalization. "Ever since you've had the move toward a single currency in Europe, there's been pressure from institutional investors for a Europe-wide trading system," says Hornik. "Previously, a Dutch pension fund, for example, was legally bound to keep the bulk of its investments in the same currency as its liabilities, i.e., Dutch guilders. The euro made it possible for them to invest across borders, which has been an inefficient...
...other murder last year is at least a symptom, perhaps a result, of the city's long hours...
...soft underbelly of the booming U.S. economy. The account, which measures the flow of goods, services and investments to and from the U.S., posted a record $338 billion deficit in 1999, it was announced Wednesday, having surged by $100 billion since 1998. That deficit, of course, is a symptom of America's unparalleled prosperity in a world economy still recovering from the Asian economic meltdown - the U.S. economy's roaring 6 percent growth rate makes it a voracious consumer of imports, while world markets remain sluggish when it comes to buying American products. But while it may be a symptom...
...Onofrio says that this tension is a symptom of the larger problem: People simply do not know each other any more...
...good news is that the sheer urgency of change is a symptom of unprecedented vitality in the U.S., Europe, much of Asia and pockets of the developing world. The U.S. economy has been booming along for more than four years at an average of 4.2% growth, and the Board saw that trend continuing in 2000. Now the rest of the world is picking up steam. The pace is by no means even, of course. Some regions, like Latin America, are up against forces they cannot control; others, like Japan, are wallowing in the economic trough of the past. The overall...