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Thursday, 17 May 2012 01:01 |
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With political instability in Beijing, and a change of national leadership coming up, the Chinese government is trying to maintain stability. This means that there is little prospect of economic or political reform in the near future.
This is a great pity. Because as the World Bank argues in its "China 2030" report, it is urgent for China to implement a new development strategy. Even though this will not be easy, it is essential for China to become a modern, harmonious, and creative high-income society.
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Sunday, 13 May 2012 00:55 |
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No-one knows Japanese business better than Ulrike Schaede from the University of California, San Diego. Her recent interview on "Japan's Evolving Business Strategies" is most certainly worth a read. Here are some of the key points:
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Saturday, 12 May 2012 03:17 |
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Japan's very strong economic growth from the 1950s through to the 1980s was a virtual miracle. Its stagnation for the past two decades seems a mystery. How did it all happen?
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Tuesday, 08 May 2012 09:10 |
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Over the past two decades, India has become one of the stars of the world economy thanks to its rapid growth. At the same time, India will not manage to realize the Millennium Development Goal of reducing by half between 1990 and 2015 the proportion of its population living on less than $1.25 a day.
In fact, India is not making sufficient developmental progress to meet a long list of MDGs by 2015, namely, proportion of underweight children, under 5 mortality, infant mortality, maternal mortality, skilled birth attendance, ante-natal care, TB prevalence, and basic sanitation.
Let's have a closer look at poverty in this country.
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Monday, 07 May 2012 09:24 |
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Australia is awash with hype about the "Asian Century". This is natural. Asia is the world's fastest growing region, and accounts for the lion's share of Australia's exports. Asia's rapidly urbanising and industrialising economies need Australia's natural resources, and have a strong demand for our education and tourist services. This "love affair" between Australia and Asia has only intensified in 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 ...
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Monday, 07 May 2012 08:29 |
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Asia has wowed the world with its massive reduction in the number of people living on less than $1.25 a day, the standard measure of extreme poverty. The region has thus achieved the first Millennium Development Goal well ahead of the 2015 deadline.
But on many other scores like health, nutrition and education, the region is lagging behind...
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Sunday, 29 April 2012 21:53 |
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China has emerged rapidly as a global economic power. It is the world's leading exporter, with the world's second biggest economy which has been growing by around 10% annually for over three decades.
But curiously China seems neither willing nor able to exert global economic leadership according to Tsinghua University's David Li.
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