Word: westernizes
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Dates: during 2000-2009
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...Kong's is 14.3, India's is 11.6, South Korea's is 16.7. Having gone through rehab after the 1997 Asian financial crisis, the region's financial institutions went into the current Great Recession with robust balance sheets that they can now leverage up by acquiring the assets that Western banks are shedding. China's banks are in a particularly sweet spot. Grown fat on years of sizzling GDP growth, Bank of China (2008 profit: $9.7 billion) has a leverage ratio of only...
...restore some semblance of peace and prosperity to that troubled country.In March, the International Criminal Court made history by issuing an arrest warrant for Omar Hassan al-Bashir, the President of Sudan. The Sudanese government has been complicit in what some American officials have called a genocide in the western parts of their state, especially Darfur. While it is unlikely that the ICC’s verdict will ever be carried out, it marked an important step forward in the evolution of international law, specifically relating to claims of human rights.Just after April Fools’ Day, North Korea launched...
...currently provides mentoring for local students from undergraduates, a series of lectures from Harvard professors, and summer science clubs and scholarships. Later this month, Harvard will open for the second year its Allston Farmers’ Market, which will be located at the intersection of North Harvard St. and Western Ave. and aims to support local farms and bakers. —Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...
...seminal critique of neoclassical economics, “What Do Bosses Do?”, and by pushing for an alternative to Social Analysis 10, or Ec 10, that would present competing views to orthodox economics.But Marglin, who has even challenged the assumptions of capitalism as too Western-centric and critiqued its hierarchical nature, emerged from anything but a radical time and place—late 1950s Harvard.Marglin describes the Harvard of his undergraduate years as a place that accepted the “established order” and was unwilling to contemplate its de facto all-white, gender segregated...
...present South Ossetia is only recognized by Russia and Nicaragua; the rest of the world still views it as part of Georgia. In a concrete reminder of its Western aspirations, Georgia has been hosting month-long NATO military exercises, which including drills in riot control and neutralizing suicide bombers. Moscow roundly condemned the exercises, which President Dmitry Medvedev described as an "act of overt provocation." (See pictures of Russia celebrating Victory...