Word: cannot
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...Moreover, as Japanese must rely on private savings as their biggest cushion when times are tough, they tend to save more than they would otherwise. Even workers eligible to receive government benefits cannot rely on the public pension system for adequate retirement funding. In short, this thin social safety net perpetuates the population decline and prevents private consumption from rising to offset the shrinking number of consumers. You can't expect the population and the economy to grow by guaranteeing survival to only the oldest workers and businesses while subjecting everyone else to market forces...
...Afghanistan holds its presidential election, the Obama Administration has arrived at the same conclusion that Bush did: nation-building is essential to defeating extremism in Afghanistan. U.S. security goals in the region cannot be achieved purely by military means; in order for American and NATO troops to someday be able to head home, Afghanistan needs good governance and modern institutions...
...Indeed, Pakistan’s society is a living paradox, more so now than ever. On the one hand, there is the upper class. There is no comfort that money cannot buy, including security. Chauffeured cars and security guards keep these select few at ease in all situations. At the other end of the social spectrum are those who live on the increasingly perilous streets. Approximately 24 percent of Pakistan’s population lives under the poverty line, scrounging for basic necessities in the shadow of the elite...
...past few days, though, everything has come undone again. GM's management, which now includes U.S. government appointees after Washington's massive bailout of the Detroit firm, is split. Some on the board want GM to sell its European operations and focus on the U.S. market. And GM cannot use money from U.S. taxpayers to restructure Opel. (See pictures of General Motors factory-scapes...
...drive toward development cannot be denied-after the demise of Maoist ideology, growth is the key base of legitimacy for the ruling Communist Party. But it can be harnessed and made compatible with environmental protection. In the words of Shanghai-based environmental lawyer Charles R. McElwee, "the old-fashioned green" of money has become equated with "the new green" of such industries as alternative fuels and energy-efficient materials. That's not as far-fetched as it sounds. In fact, as the Climate Group outlined in an August report, China is already a global leader in environmental technology...