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21. Australia: beware of Asian Century Hype
(Panorama/Globalization winners)
... recent times as Europe and the US try to muddle through their financial crises. However, a close reading of Asia's situation suggests that there are many risks in Australia's high dependence on Asia ... ...
22. China's lack of global leadership
(Panorama/Globalization winners)
... of its exchange rate has been a flashpoint in relations with the US and Europe, but also countries like Brazil, Turkey and Argentina. China is the world's biggest importer of energy and other resources, ...
23. Russia and the East
(Panorama/Governing globalization)
... States, Europe, and problems around Syria and Iran, Putin also described his views on the relationship of his country with the East. While it is quite clear that the development of the Russian-Japanese ...
24. Human security in Asia
... today: (i) economic security.  The global financial crisis and European sovereign debt crisis, which have both hit Asia's exports badly, highlight economic security risks to events caused elsewhere in ...
25. Reassessing Asia's economic miracle
(Panorama/Globalization winners)
... the previous century of internal conflict and colonization by Japan and European powers had also set the country back. The Japanese economy had been substantially destroyed through its losses in World ...
26. Human development in Asia
... and the Pacific predictably has a lower level of human development than North America and Europe, but also Latin America and the Caribbean.  South Asia is well below East Asia and also the Arab States, ...
27. Multidimensional poverty
... is given by the average MPI value -- Sub-Saharan Africa 0.360; South Asia 0.280, Arab States 0.077, East Asia and the Pacific 0.065, Latin America and the Caribbean 0.032, and Central and Eastern Europe ...
28. Beating global poverty?
... Caribbean, Eastern Europe and Central Asia, Middle East and North Africa, and Sub-Saharan Africa. In 2008, 22% of the population of the developing world was living below $1.25 a day, about half that in ...
29. Asian Century Hype
(Panorama/Globalization winners)
... year 1000, Asia's GDP per capita had crept a little ahead (about 10%) of the West. After the year 1000, Western Europe gradually started to emerge from the Dark Ages with the rise of the Italian City ...
30. America and China: Asia's great powers
(Panorama/Governing globalization)
...  Military ground troops were necessary to take on the Taliban, but they are no longer necessary to fight terrorism. There is much less need for US presence in Europe from which it is withdrawing.  Russia ...
31. Whither China's economy?
(Panorama/Globalization winners)
... and that the government won't be able to pump the economy up again in response to the weakening of European export markets. Then there are the bulls who argue that the Chinese government still has plenty ...
32. Will China overtake the US?
(Panorama/Globalization winners)
... sun finds itself with a GDP per capita about one-quarter less than America.  Europe's post-war recovery was very rapid, but none of Europe's major economies have made it to the same level of GDP per capita ...
33. Japan's triple crisis -- one year on?
(Panorama/Change and innovation)
... this coming year, despite economic woes in Europe and Japan. The government of Japan, already in serious disrepute, damaged its reputation even more through its lack of transparency, bumbling reactions, ...
34. Competing with China?
(Panorama/Globalization winners)
... just a few examples -- the US and Europe sell China planes, Germany sells sophisticated capital equipment, France and Italy sell luxury products, and so on. So it makes little sense to think in terms ...
35. Is China's economy in the balance?
(Panorama/Globalization winners)
... investment. In the process, China’s trade surplus should then be moderated, making it easier for the US and Europe to generate the surpluses needed to revive growth. But this view about China’s unbalanced ...
36. Central Asia Update
... natural gas in near perspectives) to Europe bypassing Russian pipeline system. Recently Kazakhstan, Uzbekistan, and Turkmenistan made another very bold step to develop a new strong market alternative ...
37. Measuring up Asia's economy
(Panorama/Globalization winners)
... Hong Kong (92%), Japan (70%), Singapore (74%), and is in the same ball-park as North America and Europe, where the service sector accounts for about 75% of GDP.  But the services sector is much less developed ...
38. Asia and Europe
(Panorama/Globalization winners)
Euro-bashing is now becoming a fad. According to distinguished Australian economist Warwick McKibbon, Europe is guilty of decades of government failure -- it is "the region of choice for what not to ...
... Europe, deleveraging is proceeding much more slowly.  In the UK and Spain, it could take a decade to reduce private sector debt to sustainable levels.  The effect of fiscal austerity on economic growth ...
40. China's internal weakness and external strength
(Panorama/Globalization winners)
... to China in its international relations (as will Europe now that it is begging China to contribute financially to solving the euro crisis).  And now Chinese overseas investments are spreading beyond US Treasuries ...
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