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21. State capitalism
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 ...
22. The Economist on China
(Panorama/Globalization winners)
... the efficient private sector rather than SOEs.  This also means that China's GDP growth and capital are really lower than they appear, because of wasted investment. Is there anything good that can be ...
23. China's urbanization
(Panorama/Change and innovation)
... of existing responsibilities; causing serious strains on municipal public finance and on the commercial banking sector from which local government are increasingly borrowing to cover both capital and recurrent ...
24. China's reform challenges
(Panorama/Globalization winners)
... the local business environment. (iv) Domestic market integration.  A single national market was achieved by removing barriers to the movement of goods, labor and capital, and by major infrastructure ...
25. 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 ...
26. Innovation Asia
(Panorama/Change and innovation)
... Index" which comprises an innovation input sub-index (based on institutions, human capital and research, infrastructure, and market and business sophistication) and an innovation output sub-index (made ...
27. Is China cracking?
(Panorama/Governing globalization)
... Australia, Canada and the US by acquiring permanent residence status, and buying real estate, and sending their children to study in these countries.  Capital flight from China is now rising dramatically. ...
28. Human security in Asia
... the global economy.  The 1997 Asian financial crisis also highlighted the Asia's vulnerability to volatile capital flows which flooded into the region, only to rush straight back out again. Further, ...
29. Reassessing Asia's economic miracle
(Panorama/Globalization winners)
... and physical capital through close cooperation between business, banks and government (a version of "state capitalism").  It was also able to achieve very rapid industrial upgrading and productivity improvements ...
30. 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 ...
31. Youth and development in Asia
... us in its 2007 World Development Report. First, we should broaden the opportunities for developing human capital by expanding access to and improving the quality of education and health services, by ...
32. 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 ...
33. Is China's economy in the balance?
(Panorama/Globalization winners)
... financial and regulatory institutions that characterise developed economies. No one disputes the fact that in China wages are low, capital is cheap and land is misused. But since China’s products must ...
... With fuel supplies used to pump water from underground aquifers becoming scarce, Sana could be the world’s first capital to run out of water. Increasingly policymakers talk about the Water, Food, Energy ...
35. Central Asia Update
... down external capital flows that led to decline of economic growth. As oil price fell sharply the Kazakh government did not have much choice except for external borrowing. In Uzbekistan and Uzbekistan ...
36. Measuring up Asia's economy
(Panorama/Globalization winners)
... the pack in this sub-region, its GDP is only about one-quarter that of China. When it comes to GDP per capital, the Asia-Pacific region is only about half that of the world average of $8,500.  The region's ...
37. 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 ...
38. Can we really innovate out of crisis?
(Panorama/Change and innovation)
... but the US is the most important).  US government policies have progressively moved from the nearest any state has been to capitalism to increasing restrictions on business.  Companies like Microsoft, ...
... years, as retirees run down their savings.  At some point a loss of confidence could provoke capital flight and send the country into a financial crisis.  In contrast to Europe, it is hardly likely that ...
40. Asia's financial exodus
... do illicit financial outflows actually occur?  The GFI identifies two types.  First, there is trade mispricing.  Second, there are unrecorded capital flows like the transfer of the proceeds of bribery, ...
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