Dr. Scott's tenure at Ramapo was marked by rising enrollments, increasingly rigorous admission standards, a construction boom, fiscal stability and the addition of three graduate degree programs.
Larry Diamond, a senior fellow at Stanford University and founding co-editor of the Journal of Democracy, has written recently of "a resilient form of capitalist-authoritarianism" in Asia that brings "booming development, political stability, low levels of corruption, affordable housing, and a secure pension system" — a model whose success or failure "will determine the fate of democracy".
"There is stability, not boom," in the Mexican economy, an administration official said.
Despite a resilient, even booming economy, peace and stability have rarely seemed so distant.
Oil discoveries, a commodities boom, sound economic management, political stability, the World Cup in 2014 and the Olympics in 2016 have combined to produce a Brazil fever that feels a touch heady to me.
In the US, the fact that the mid-1990s were a time of military stability and economic boom with a womanising president in power made the Rat Pack/Kennedy connections feel all the more relevant; in the UK, the rise of lad culture, with the boozing and whoring and frivolous attitude toward money and traditional mores implied in it made another nice corollary.
Mexicans have also alternated repeatedly between an embrace of globalisation and a reversion to an inward-looking nationalism.For the first decade of the 20th century, for instance, international bankers threw money at Mexico because of its macroeconomic stability, its railway boom and a global liquidity glut.
Recent history can't be avoided, and neither can the task of maintaining financial stability and avoiding boom-bust cycles, particularly in the credit markets.
In the interests of maintaining financial stability, and preventing another boom-bust cycle, that's just what is needed.
Until now, China has depended on booming economic growth to ensure social stability.
