The visible hand
of the recession
critics of the
For agencies serving the poor, the recession took a double toll: just when need rose, funding began to fall.
In February 2007 the University committed $50 million to increase graduate-student funding. The promise remains, but the ends are harder to meet.
Getting laid off pushed a marketing expert to use Twitter, Facebook, and other social-networking tools for her job search— tools that became her new area of expertise.
World Bank chief economist Justin Yifu Lin, PhD’86, helps developing countries cope with the financial crisis.