SMALLISH countries are often in the vanguard when it comes to reforming government. In the 1980s Britain was out in the lead, thanks to Thatcherism and privatisation. Tiny Singapore has long been a role model for many reformers. Now the Nordic countries are likely to assume a similar role. Read Here – The Economist
Recently, the Japanese government announced that thepopulation decrease for 2012 is expected to be 212,000—a new record—while the number of births is expected to have fallen by 18,000 to 1,033,000—also a record low. Projections by the Japanese government indicate that if the current trend continues, the population of Japan will decline from its current 127.5 million […]
Track II meetings can be useful when participants express their views candidly, without worrying about offending the sensitivities of others. When the event is held in India, visiting think tankers take pain not to upset their hosts. Since most foreigners have rightly concluded that Indians are not only flattery prone but credulous as well, they […]
While India’s relationship with its western neighbor Pakistan has been faltering despite concerted efforts, on the eastern front a new bonhomie is forming with Bangladesh. The recent signing of a new extradition treaty and visa regime between India and Bangladesh, signed by Indian home minister Sushil Kumar Shinde and his Bangladeshi counterpart Mohiuddin Khan Alamgir, […]
U.S. stocks rallied, sending the Dow Jones Industrial Average above 14,000 for the first time in five years, as data on the labor market and manufacturing boosted confidence in the world’s biggest economy. “You’re going to see this economy driven by capital being put to work,” Robert Lutts, president and chief investment officer of Cabot […]
Abe Shinzō visits Vietnam, Thailand, and Indonesia in his first overseas trip after becoming prime minister and lays down ground rules for engagement with the region. Read Here – Nippon
The financial crisis had many causes—too much borrowing, foolish investments, misguided regulation—but at its core, the panic resulted from a lack of transparency. The reason no one wanted to lend to or trade with the banks during the fall of 2008, when Lehman Brothers collapsed, was that no one could understand the banks’ risks. It was […]
Say what you want about Benigno Aquino, but the Philippine president has some brass. First he arrested predecessor Gloria Arroyo on corruption charges and ousted her Supreme Court chief justice. Then he took on the powerful Catholic Church, shepherding free-contraception laws that enraged the Vatican. Next he ran afoul of the local tycoons by backing […]
POOR countries have long been a popular destination for the rich world’s toxic trash. In 1987 an Italian importer sparked international outrage by dumping 8,000 leaky barrels in the Nigerian village of Koko. On January 9th Nigeria fined importers $1m for trying to bring in two 12-metre containers full of defunct televisions, computers, microwaves and […]
On Friday, China’s National Bureau of Statistics announced that income inequality in the country exceeds a warning level set by the United Nations. China’s publication of its Gini coefficient – a widely used measure of economic equity – drew attention for a number of reasons. For one, China has not published its Gini coefficient since 2000. More […]
looking beyond borders 