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Declining investments in the state pension fund caused a quadrupling of the county's annual pension bill.
MIT recently authored a report entitled "The Future Postponed" underscoring why declining investments in basic research threatens an "innovation deficit" in the future.
If the president has his way, Mr. Koizumi concluded, the general outlook for federal support of scientific research in that period is "flat or declining investments".
Jay Rosen, a blogger and professor of journalism at New York University, said that sites like the Politicker are partly a consequence of declining investments in newsgathering by local newspapers and television stations.
In the fourth quarter of 2001 venture capitalists, reversing a six-quarter streak of declining investments, poured $48 million into seven Long Island deals, said Robert Sturm, the managing partner of the technology practice on Long Island for PricewaterhouseCoopers, in Melville.
The first quarter of 2003 marked the second straight quarter of declining investments, and continued an extended period of tepid investments.
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In 2001, for example, many regions were caught by the bursting of the tech bubble, tumbling stockmarkets and declining investment.
The bank said developing economies should prepare for declining investment from abroad, less-robust exports, and reduced remittances.
In the face of declining investment in Southeast Asia and competition from China, the region cannot afford to wait, they said.
After years of declining investment in research, Arab states had begun to spend more on science and technology.
But most of the other directors were retired individuals, who had been hurt by the falling stock market and declining investment returns.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com