71.   Moreover, the economy has other forces working in its favor.

72.   Most analysts in Japan acknowledge that the economy is having its most radical makeover since World War II, a process that is far from complete.

73.   Moreover, he points out, most Asian economies still have plenty of room to keep on accumulating capital without suffering steeply diminishing returns.

74.   No other economy has anywhere near the power to play this role, which is what makes the stakes of the game so great for Fed strategists.

75.   Now, he added, the economy has improved, times have changed, and, he suggested, so have his priorities.

76.   One explanation may be that economies have more in common than apparent differences in models might suggest.

77.   Other economists, however, think the economy has enough resiliency to continue its recovery, although at a slower rate.

78.   Over the last year or so, a sluggish economy has had consumers looking for value at discount chains and shopping less at more expensive department stores.

79.   Prime Minister John Howard yesterday said the economy would have to grow at a much faster pace to eat into unemployment.

80.   Since then, the economy has had a boom, followed by a recession, followed by a recovery.