21. Korea -- Asia's rising star
(Panorama/Globalization winners)

... trade and investment barriers.  Korea's integration in the world economy is still very low in terms of import penetration, the share of foreign workers and the stock of FDI. Korea's growth also needs ...

22. China's reform challenges
(Panorama/Globalization winners)

... shocks. (iii) Interregional competition.  China built on its strong local governments at various levels by allowing them to compete in attracting investment, developing infrastructure, and improving ...

23. Japanese business -- from old to new Japan
(Panorama/Investment)

... hold 18%.  Both of these investor groups invest more in companies with higher return on investment, and managers now face strong pressures to show results. Better access to corporate information through ...

24. Why did Japan stop growing?
(Panorama/Globalization winners)

... mid-1970s, Japan enjoyed average economic growth of around 10% a year, just like China has over the past three decades.  A key driver of this growth was substantial capital investment, often fueled through ...

25. Australia: beware of Asian Century Hype
(Panorama/Globalization winners)

... of Asia's high growth path. Asia's successful economies have generally relied on export-oriented growth, buttressed by high domestic investment.  The limitations of this model are evident in Japan whose ...

26. China's lack of global leadership
(Panorama/Globalization winners)

... 90% is invoiced in foreign currencies, leaving China exposed to an exchange rate risk. Increasing amounts of these reserves are now the subject of foreign direct investment in Australia, Africa, Latin ...

27. Innovation Asia
(Panorama/Change and innovation)

... both China and India are leading in attracting foreign investment in R&D facilities. But first of all, what is innovation? The essence of innovation is the "new".  An innovation can be new to ...

28. Russia and the East
(Panorama/Governing globalization)

... right “Chinese wind” is a very important challenge for Russia in developing its Far East region by attracting and wisely using Chinese investment and at the same time, trying to minimize an excessive Chinese ...

29. Reassessing Asia's economic miracle
(Panorama/Globalization winners)

... Japan was the original miracle economy, with very rapid economic growth that enabled it to almost catch up with the US by the late 1980s. Japan was able to mobilize large investments in human, financial ...

30. Whither China's economy?
(Panorama/Globalization winners)

...  First, China's growth has been over-reliant on exports and investment, with domestic consumption playing a relatively minor role.  But China's exports are an expensive proposition for the country because ...

31. Asia's services challenges
(Panorama/Change and innovation)

...  That's why a large and dynamic services sector is the hallmark of an advanced economy for which services are also an important area for exports and foreign investment. But the services sector does not ...

32. Will China overtake the US?
(Panorama/Globalization winners)

... to heavy capital investments, and absorbing their knowledge, technologies and production methods, and copying their policies and institutions.  Their rates of economic growth should progressively slow ...

33. An Indo-Pacific Strategy for Australia
(Panorama/Governing globalization)

... economy, and Australia's biggest export destination, with exports concentrated on iron ore, tourism and education services.  Chinese investments in Australia are also growing rapidly, although the US still ...

34. Youth and development in Asia
(Panorama/Society)

...  Third, we should provide an effective system of second chances through targeted programs that give young people the hope and incentive to catch up from bad luck or bad choices. These investments must ...

35. Emerging Asia's precarious middle class
(Panorama/Society)

...  Already there are signs that foreign direct investment in emerging Asia, especially in China, is targeting domestic demand as well as exports. The rise of Asia's middle class is also acting as a spur ...

36. Breaking time for the BRICs?
(Panorama/Globalization winners)

... macroeconomic variables (inflation, government deficit, investment spending, external debt and degree of openness) and microeconomic variables (use of mobile telephones, use of the Internet, use of computers, ...

37. Competing with China?
(Panorama/Globalization winners)

... in the post-war period, Japan rose from being a low-tech producer of transistor radios to a very high-tech producer.  China is now on the same upward path with its high investments in research and development, ...

38. Is China's economy in the balance?
(Panorama/Globalization winners)

... at the OECD Observer.   Apprehensions about China’s unbalanced growth process concern everybody, but its causes are often misunderstood.  What can the Chinese leadership do to rebalance investment ...

39. Human dignity, water and revolutions in Africa
(Panorama/Development)

... and aid from wealthier Arab states and OECD nations to help provide technology, such as more efficient irrigation and recycling systems. Fourth, raising investment and providing sources of funding is ...

40. Central Asia Update
(Panorama/Globalization)

... the countries. Economic integration and cooperation allow them to expand the market and become more attractive for investment, and political cooperation will help them to build a solid security system ...