A Fantasy From New Jersy

Is the “India Story” over, as many commentators have begun to observe? Actually, the more relevant question today is: How did it grow and circulate as widely and rapidly as it did? Unlike China, with which it was routinely and inaptly compared, India never undertook extensive land reforms, nor did it adequately train its workforce […]

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The Unmaking Of Bangladesh

This week, the judges of Bangladesh’s International Crimes Tribunal have issued yet more guilty verdicts against leaders of the Jamaat-e-Islami party for crimes committed during the country’s war of independence in 1971. Underscoring this energy are new prosecutions against foreign nationals of Bangladeshi origin who are effectively being tried in absentia. As elections are on the horizon for Bangladesh, it […]

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China’s Economic Slowdown: How Much Can Beijing Tolerate?

To be sure, Chinese leaders would prefer balanced high growth to low growth. However, the current leadership is aware of the enormous risks of allowing highly distorted growth to continue. Since 2008, Beijing has maintained growth with a massive injection of credit, much of it invested in speculative real estate, excessive industrial capacity, and infrastructure […]

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One-Party Rule Back In Japan, But Can Abe Blow It?

Sunday’s sweeping victory by the Liberal Democratic Party–New Komeito ruling bloc in the Upper House election put an end to the divided Diet and hopefully to the “revolving door” of prime ministers over the past seven years, as ridiculed by foreign media. That is at least until the next Lower House election, which must be held […]

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For Pakistan, Water A Bigger Problem Than Terrorism

In a report released last week by the Asian Development Bank (ADB), Pakistan was pinpointed as “one of the most water-stressed countries in the world, not far from being classified, ‘water-scarce’.” As water demand exceeds supply in the South Asian country, more and more water is being withdrawn from the nation’s reservoirs, leaving them in a critically […]

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Let’s Not Talk Of “Likonomics”

Well before Li and President Xi Jinping officially took the reins in March, exports were falling, manufacturing was contracting and economists were downgrading forecasts. Big reforms are always easier when growth is booming. If Li could wave a magic wand and get gross domestic product back into double-digit territory without pumping more air into China’s […]

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Japan’s Silver Generation Needs See Gold

Japan has two problems: It is rapidly aging, and its older citizens will not let politicians do anything about it. The country’s leaders must start thinking less about elderly voters and more about young families, or Japan’s economic prospects will remain grim. Read Here – Foreign Affairs

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China And Its Military Transparency

When China published her defense white paper “the Diversified Employment of China’s Armed Forces” in April 2013, the western critics lauded the efforts but pointed out that China didn’t put much meat on the bone and that the paper is again short on details that people would like to see. Read Here – China US […]

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A New Drone Deal

Nawaz Sharif, Pakistan‘s new prime minister, has already made clear that, unlike his predecessors, he won’t tacitly endorse the United States’ current counterterrorism operations. That leaves Washington with one option: finding some way to cooperate with Islamabad on drone strikes without diminishing their effectiveness. Read Here – Foreign Affairs

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