The crisis was precipitated by weakness in the global economy and the effects of recent policy errors. Other contributors were the strategies left over from the pre-1991 Soviet-style planning era and the Congress Party’s socialist background and bent toward income redistribution in favor of rural areas instead of economic growth. Furthermore, the elections scheduled for 2014 […]
INDIA TODAY STANDS as the world’s largest democratic state, a nation of over a billion people that stitches together countless ethnic groups, castes, and languages. Indian officials long have boasted of their nation’s deep and founding commitment to democracy, a public emphasis that has only grown stronger as China and India increasingly become global competitors. You […]
The Pacific and the Indian Oceans are “now bringing about a dynamic coupling as seas of freedom and of prosperity. A ‘Broader Asia’ that broke away geographical boundaries is now beginning to take on a distinct form. Our two countries have the ability — and the responsibility — to ensure that it broadens yet further […]
A question about historical precedents for China’s rise landed in my reader mailbag last week. “What,” my correspondent asked, “is the better optic for looking at China today — Bismarckian/Wilhelmine Germany, or post-Meiji Japan? Or both?” Both! Forced to choose, though, I think Imperial Germany supplies more useful indices for plotting China’s trajectory. Someone should really […]
Helicopter gunships hover in the sky above a battlefield. The constant sound of explosions and gunfire pierce the night for an estimated 100,000 refugees and internally displaced people. Military hospitals are full of wounded government soldiers, while bridges, communication lines and other crucial infrastructure lie in war-torn ruins. The images and sounds on the ground […]
After announcing that its rocket was facing technical difficulties that might delay its impending test, North Korea surprised the international community by abruptly launching a three-stage rocket on Wednesday morning local time. Even more surprising than the timing was that the “Unha” (the Korean word for “galaxy”) rocket appears to have successfully placed the Kwangmyongsong-3 (“Shining […]
Most of us still look at China, the world’s second-largest economy, as the undisputed leader among major developing countries. In the long run, however, I’m betting on India to emerge as the more significant global economy. Those who are dazzled by China often forget that much of the rapid growth before 2008 was caused by the shift of […]
On the small, spectacular island of Jeju, off the southern tip of Korea, indigenous villagers have been putting their bodies in the way of construction of a joint South Korean–US naval base that would be an environmental, cultural and political disaster. If completed, the base would hold more than 7,000 navy personnel, plus twenty warships […]
Transparency International’s latest corruption report is sober reading for Asian leaders committed to ending dirty dealings in the world’s fastest-growing region. Dec. 9 was International Anti-Corruption Day, and Asia’s report card was a big disappointment.China (SHCOMP), Japan and South Korea, three of Asia’s four biggest economies, all lost ground. So did such emerging-market darlings as Indonesia, Taiwan, Thailand and Vietnam. Even Hong Kong, routinely […]
China stressed its adherence to peaceful development in response to a U.S. intelligence report predicting that China will surpass the United States to become the world’s largest economy before 2030. “China will unswervingly pursue a way of peaceful development. China’s development aims at making greater contributions toward peace and development of mankind, as well as […]
looking beyond borders 