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21. Living on $2 a day
... Khadeja, sharing a crude kitchen with seven other wives, would often swap small amounts of rice or lentils or salt with her neighbors.  She would keep a note of the quantities in her head, and so would ...
22. Trying to do business in China
Almost everyone would like to do business in China.  After all, China is the world's second biggest merchandise importer and also recipient of foreign direct investment. Recent history is however littered ...
23. America's Asian Century
(Panorama/Globalization winners)
... have experienced dramatic economic development.  But few Asian immigrants are looking over their shoulders with regret. Just 12% say that if they had to do it all over again, they would remain in their ...
24. World Economy in Grave Danger
... and the other European bad boys -- and ultimately to save the euro.  The European Central Bank could buy up all the region's toxic debt.  A good dose of inflation would also help erode the debt.  Pushing ...
25. Views of Asia's next generation
... Now, no longer living in a world defined by poverty, today's young Asians are better-fed and better-educated, and have access to the world through the Internet in a way that would hve been unthinkable ...
26. State capitalism
... but that would mean losing control.  There are too many cases where SOEs are very inefficient and have not been able to strengthen the state, and where they ultimately fail, like in Egypt, Syria or the ...
27. The Economist on China
(Panorama/Globalization winners)
... monopolized sectors, and their inputs of land, energy and credit are artificially cheap. It has been estimated that the SOEs' profits from 2001-2008 would have turned into big losses had they paid the ...
28. China's urbanization
(Panorama/Change and innovation)
... expand city size, contributes to urban sprawl, reduces population densities, and raises costs of transport and infrastructure. The second complementary policy would be to restain the geographic expansion ...
29. Korea -- Asia's rising star
(Panorama/Globalization winners)
... it will have the second oldest.  By that point, based on current participation rates, there would be only 1.2 persons in the labor force per elderly person, compared with 4.5 in 2010, imposing a heavy ...
30. 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 ...
31. Why did Japan stop growing?
(Panorama/Globalization winners)
... banking system. Policy errors would continue.  The burst bubble left the banking sector with large non-performing loans in the corporate sector. Instead of recognizing them and raising new capital, with ...
32. China's lack of global leadership
(Panorama/Globalization winners)
... heathland following concerns that the vast land sale would give Beijing a strategic foothold in the North Atlantic.  And Huawei Technologies, China's largest maker of telephone equipment, was banned from ...
33. Is China cracking?
(Panorama/Governing globalization)
... country towards democracy?  As development progresses, so usually does a country's level of education.  And a more educated public would typically prefer to have a say in the choice of its own government. ...
34. Russia and the East
(Panorama/Governing globalization)
... it could create a strong base in which Russian companies could join the technological supply chain process along with Asian companies in the future. It would create good incentives for big Russian enterprises ...
35. Reassessing Asia's economic miracle
(Panorama/Globalization winners)
... reacted against the intrusion of Western countries. Korea, Taiwan, Singapore and Hong Kong (the Asian NIEs, newly industrialized economies) would follow in Japan's footsteps, with the first three pursuing ...
36. Multidimensional poverty
... the life they would like to lead. Who is classified as being poor?  A person is identified as multidimensionally poor if he or she is deprived in one-third or more of the dimensions.  The MPI provides ...
37. Beating global poverty?
... that might help the poor. Most foreign visitors to Japan would not notice the nation's poor.  As they wander the streets of Roppongi or Ginza, poverty is not visible. They don't visit Ueno Park or Ikebukero ...
38. China: recent political developments
(Panorama/Globalization winners)
... shift in China’s growth pattern, namely a policy shift towards developing interior regions, internal market, production for China’s needs, and home-grown innovation, which would make China less dependent ...
39. Asian Century Hype
(Panorama/Globalization winners)
... external invasions from Japan, Russia and Western countries.  And then there was civil war. China would thus find itself in 1950 with a GDP per capita little different from its levels both 1000 and 2000 ...
40. Whither China's economy?
(Panorama/Globalization winners)
... a fairer share of income, this would boost domestic demand, reduce the need to rely on export demand, and also make the socially discontented Chinese workers more happy. Getting a fairer share of the ...
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