Galmudug regional government Minister of Planning Omar Mohamud warns that not implementing a long-term solution to the water problem will fuel the vicious cycle of droughts, hunger,and violence and keep the Somali people in the iron grip of poverty.

VOA: standard.2009.10.06

But surely a few of these governors and legislatures have come to realize that the way to create a long-term cycle of business growth is to foster a tax and regulatory environment that is favorable to all job creation, not just the kind that pops up on Entertainment Tonight.

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They happen because management ignores deep-seated weaknesses and allows itself to get caught up in a cycle of short-term initiatives meant to meet high expectations with high-risk growth.

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At least part of the reason for this may be that the planning authorities were lulled into a false sense of security by the chance of being in a quiet part of the long-term hurricane cycle.

ECONOMIST: Eye on the storm | The