Word: terme
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Dates: during 2000-2009
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...above equally or more qualified, but less affluent, students. Higher education should not be a business—when schools start evaluating their core priorities in this regard, their intellectual integrity suffers. There is a fine line between keeping a school alive to educate another day and doing long-term damage to its commitment to meritocracy...
...poor health, and low education, both neighborhoods rank among the most deprived areas in Britain. Almost a fifth of the local working-age population receives welfare benefits. Half have no formal qualifications. For leaders of the world's most advanced economies, the area offers a stark reminder: the short-term aim of the G-20 summit might be to revive the global economy, but the longer-term goal needs to be making it fairer. (See pictures of the global financial crisis...
...consumer market and the engine that drives a lot of economic growth worldwide," Obama said, hinting that this position may not be sustainable. "We're going to have to take into account a whole host of factors that can increase our savings rate and start dealing with our long-term fiscal position as well as our current account deficits." (See pictures of the global financial crisis...
...because it isn't as pressing as getting people back to work and restoring confidence. At the first meeting of the G-20 last fall, it was hardly mentioned at all. But as former Treasury Secretary Hank Paulson said in November, it cannot be left untreated over the long term. "The pressure from global imbalances will simply build up again until it finds another outlet," he explained. (Read "The G-20 Summit: Obama Can Stay Home...
...play a big role in the coming G-20 communiqué, which focuses on regulation, aid to developing countries, protectionism and stimulus. But Obama clearly signaled that the issue is on his radar, and that policy shifts may be coming. In practice, this means measures in the medium term that will encourage greater consumption and spending in developing nations like China, and more saving and less debt in the U.S. Although he was vague, Obama discussed what would amount to a reworking of the basic economic physics that governs our world. It's a delicate balance, however, because too much...