21. Asia's Failed States
(Panorama/Governing globalization)

... North, desperately poor and inhumanly repressive, still has enough inertia to keep muddling through. (iii) Nepal -- 27th Sandwiched between India and China, impoverished, mountainous Nepal has long ...

22. Burma: some Nobel thoughts
(Panorama/Society)

... totalitarian regime is still in power, albeit with a softer heart. And many outside countries have their eyes on Burma's very rich natural resources, and its strategic location between China, India and ...

23. World Economy in Grave Danger
(Panorama/Globalization)

... is only making enemies at home and abroad, and she has elections coming up next year. More fundamentally, a serious growth strategy is necessary, and Europe still has to correct the fundamental divergances ...

24. State capitalism
(Panorama/Investment)

With Europe now in recession, and the US still muddling through, many observers are now preaching the merits of "state capitalism" as against liberal capitalism.  But as the Economist argues convincingly ...

25. The Economist on China
(Panorama/Globalization winners)

China's economy is not at great risk in the short term, because the government still has lots of firepower to keep it afloat.  But inefficient and wasteful investment is storing up problems for the longer ...

26. China's urbanization
(Panorama/Change and innovation)

... rationing entitlements have by now largely disappeared as most commodities and services have been marketized over the last 25 years, hukou is still today used to preclude access by agricultural-registered ...

27. Women's economic opportunity in Asia
(Panorama/Society)

... opportunities for women still lag behind those for men. The Economist Intelligence Unit's women's economic opportunity index makes a good attempt at measuring this.  In particular, it shows that Asia, ...

28. 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 ...

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

... effort still seems divorced from the real needs of the economy.  The natural inclination may be to protect domestic research efforts and innovative companies.  But that would prevent Chinese researchers ...

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

... some 20% of Japanese manufacturing is located outside Japan (for cars, it is 51%; for electronics it is over 30%).  So while Japanese companies export less from home, they still reach foreign markets and ...

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

... wants war, history shows that accidents can always happen. In the global arena, Asia has still not made its mark effectively -- despite its potential for great contributions.  Japan has always been a ...

32. Asia's uneven development
(Panorama/Development)

... very modest endeavor relative to the ultimate goal of freeing Asia's citizens of all their deprivations that prevent them from leading a decent life.  We still have around 900 million people struggling ...

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

... play a more active role.  First, although China has many things to gripe about in the global system it is still a great beneficiary of the system of open trade, investment and finance, and it does not ...

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

... unacceptable and a blow to national pride as Russia is still seen as a successor of the USSR which was a “mentor and big brother” of Communist China in the not so distant past. Russia is still a military ...

35. Beating global poverty?
(Panorama/Development)

... life is still much further in the distance for many, and rich countries are now experiencing growing poverty themselves. This impressive performance in beating extreme poverty is in large part thanks ...

36. China: recent political developments
(Panorama/Globalization winners)

... in the context of the upcoming change of leadership in China. The economic background of this event has not however been sufficiently highlighted.   Chongqing was and still is the model for a fundamental ...

37. Asian Century Hype
(Panorama/Globalization winners)

... up with the West? That is more problematic.  Even Japan, always the exception in Asia, still has a GDP per capita 30% less than the US.  And Asia's big 3 of China, India and Indonesia each have GDP's ...

38. 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 ...

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

... as the other two economies ... Even if Tokyo were a city-state, it would still not compete with Hong Kong and Singapore in services.  For example, notwithstanding Japan's immense foreign exchange reserves, ...

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

... also proved to be a useful vehicle for technology transfer. Fifth, even while they are still in the catchup phase, countries need to develop national innovation systems.  It is not always possible to ...