Citi Cuts Costa Rica Growth Forecast After Firings
Citi Cuts Costa Rica Growth Forecast After Firings - Bloomberg - 0 views
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Hours later, BofA said it would be exiting operations in Costa Rica, Guadalajara, Mexico and Taguig, Philippines, without saying how many jobs would be lost. Costa Rica’s foreign investment agency said the BofA move would result in 1,500 layoffs.
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“This is a strong call to the country to keeps tabs on things like the rising cost of electricity, telecommunications, wages and social guarantees.”
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The Cost of Protecting Greece's Public Sector - NYTimes.com - 0 views
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So today, for every seven private employees who have been laid off, only one has left the public sector.
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Greece’s creditors — the troika comprised of the European Commission, the European Central Bank and the International Monetary Fund — have made public-sector layoffs a condition for providing the next tranche of the biggest bailout in history.
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Public employment grew by fivefold from 1970 through 2009 — at an annual growth rate of 4 percent, according to according to a recent academic study by Zafiris Tzannatos and Iannis Monogios.. Over the same four decades, employment in the private sector increased by only 27 percent — an annual rate of less than 1 percent.
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Can Oregon save American health care? - 0 views
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Medicaid enrollment shrank by 46 percent as patients affected by the changes left the program — likely relegated to the ranks of the uninsured — between February and December 2003, according to research published in the journal Health Affairs.
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Separate research has found that when Medicaid premiums rise by 1 to 5 percent of an uninsured family’s income, their odds of participating drop from 57 to 18 percent.
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“For the last 30 years, both the private and public sector have done the same things to manage health-care costs,” said Bruce Goldberg, the Oregon Health Authority director who oversees the Medicaid program. “They’ve cut people from coverage, cut payment rates or cut benefits
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The tragedy of Argentina: A century of decline | The Economist - 0 views
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The tragedy of Argentina A century of decline
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In the 43 years leading up to 1914, GDP had grown at an annual rate of 6%, the fastest recorded in the world.
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The country ranked among the ten richest in the world, after the likes of Australia, Britain and the United States, but ahead of France, Germany and Italy.
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Why Do Americans Stink at Math? - NYTimes.com - 0 views
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Why Do Americans Stink at Math?
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The Americans might have invented the world’s best methods for teaching math to children, but it was difficult to find anyone actually using them.
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In fact, efforts to introduce a better way of teaching math stretch back to the 1800s. The story is the same every time: a big, excited push, followed by mass confusion and then a return to conventional practices.
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