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All items tagged AsiaOpen Think Tank ArticlesJanuary 8, 2009 | HOT ISSUE: Evaluating the Bush LegacyFrom the Editorial Team: “The received wisdom is that President Bush has been a foreign policy disaster, and that America is threatened by the rise of Asia. Both claims are wrong — Bush has successfully rolled back jihadism, and the US will benefit from Asian growth.” ... MoreFebruary 19, 2008 | What Europe Can Learn from AsiaMichèle Schmiegelow: Asia’s integration has advanced considerably. Europe could benefit from Asia’s strategic pragmatism. ... MoreGlobal Must Read ArticlesDecember 19, 2008 | America's Future Place in the WorldGlobal power is increasingly spread-out and is tipping towards Asia. ++ This shift will shape Obama’s political agenda, forcing him to distance himself from unilateralism. ++ Asia is planning an alternative to the IMF and the US must acknowledge that it is losing economic decision-making power. ++ China can help to stabilize Afghanistan as it has close economic relations with the country. ... MoreOctober 24, 2008 | What We Can Learn From AsiaFinancial bailout plans enacted by governments help to revitalize market confidence but do not address the fundamentals of the financial crisis. ++ Governments have failed to closely check banks’ balance sheets – they should learn a lesson from Asia. ++ First, the situation of financial institutions has to be assessed before asset management companies can aquire “non-performing ... MoreOctober 22, 2008 | "Super-Sarko's Plans for the World"National governments of the EU have dealt with the financial crisis, ignoring the power of EU institutions. ++ State aid laws have been neglected aiming to “prevent EU governments from subsidising national companies.” ++ President Sarkozy is calling for tighter “supervision of the international banking systems” and for a “crackdown on international tax havens” ... MoreOctober 7, 2008 | Creating an Asian BondIt is time for the “globar” - or “global dollar,” a collective Asian bond that could revitalize the world economy by catering to US currency-stabilization needs and simultaneously recycling massive Asian surpluses back into tangible assets in Asia itself. ++ Asia’s surpluses are primarily in US dollars, a risky investment in the current turmoil. ++ Asian countries are no longer mere borrowers, ... MoreOctober 2, 2008 | You Lose, I Lose EconomicsAsia’s role in the financial crisis shouldn’t be underestimated. ++ Endless liquidity coupled with cheap goods fueled America’s “buy-now pay-later consumption,” inflating the housing bubble in the process. ++ The overextension is as much a story of “Asian prudence” as it is of “US recklessness;” Meanwhile, China and others grew at astounding clips. ++ While there has been a relative shift of ... MoreSeptember 5, 2008 | Asian Free Trade Agreements Balk at WTO and USMeeting in Singapore, 10 southeast Asian nations along with India confirmed yet another FTA that clearly indicates the waning influence of the WTO and the US in the region. ++ Many such countries, especially India, prefer small-scale bilateral agreements and FTAs. ++ It was the Asian block that called on Europe and the US to change their farm subsidy policies at Doha, which contributed to ... MoreMay 20, 2008 | Food Prices Will Continue to Rise in AsiaDue to unilateral export restrictions imposed by grain producing countries, the Japanese government recently raised the price of imported wheat it sells to flour-milling companies by 30%. ++ The surge is expected to be passed on to the consumer soon. ++ Grain producers should provide a stable supply, if they want access to farm markets in other nations, and Japan should play a leading role in ... MoreMay 6, 2008 | "Solving Asia's Food Crisis"The rise in food prices threatens the success of poverty reduction in Asia. ++ Rather than subsidies, price control, and export caps, governments should focus on targeted income and cash support measures as short-term remedies. ++ This will give better coverage to those in need, and allow governments greater flexibility in boosting agricultural investment, creating incentives for increased ... More |
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