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... in the big cities, and more likely to hold salaried jobs or to be professional and technical workers.  The middle class also tends to value market competition, gender equality, trust, and upward mobility. ...
42. Asia’s Development and the Leadership Issue
(Panorama/Globalization winners)
... rates and the crucial role played by the USA as regional security provider and huge market for exporting goods. Nonetheless, what really distinguished Asian economic path from the rest of developing countries ...
43. Breaking time for the BRICs?
(Panorama/Globalization winners)
... book, "The Growth Map", he has shifted focus to what he calls the "growth markets", which includes the four BRICs and Indonesia, Mexico, Korea and Turkey. What to make of all of this?     Many ...
44. Competing with China?
(Panorama/Globalization winners)
... be most concerned with those countries which are competing with us for China's market.  Australia has developed a very good reputation as a natural resource exporter, but we are not the only country exporting ...
45. Is China's economy in the balance?
(Panorama/Globalization winners)
... inputs are distorted, yet what is being manufactured is exceptionally competitive in global markets. Income inequality has been deteriorating sharply over the past several decades yet some 500 million ...
... market stall holder in Sidi Bouzid whose self-immolation triggered the Tunisian uprising, made a statement not only about corruption and malfeasance but also about food and water. In the days that followed ...
47. Central Asia Update
... and heavily subsidized by other sectors, including even agriculture, while the quality of the products is not competitive in international market. Farmers in Uzbekistan are forced to sell their harvest ...
East Asia's substantially market-led economic integration is a very complex process and is leading to some surprising effects.  One example is that of Australia's booming trade and investment with China, ...
49. Asia and Europe
(Panorama/Globalization winners)
... values are also reflected in the economy – in the free flow of ideas, of capital, of commerce, in open markets, both at home and abroad. Like all systems and orders, Europe and the US are now going through ...
... the euro zone descended into turmoil.  At first, the case of Greece seemed trivial -- it is after all a tiny economy.  But euro governments bumbled in their response, and markets progressively focussed ...
51. Environment
Nick Stern said: "Climate change is the greatest market failure the world has ever seen...". He's right, despite the attacks on the work of the UN's Intergovernmental Panel on Climate Change ("Climategate").  ...
... need government, although big companies try to push government aside in good times.  Economists have always recognized that markets are not perfect.  These market failures can be tackled at the local, ...
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