Word: cases
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...came to an end, every economy in the region had either slowed sharply or tumbled into outright recession. Far from having the autonomous capacity to decouple from weakness elsewhere in the world, export-led developing Asia had become even more tightly tethered to foreign markets than was the case a decade earlier. The export share of panregional gross domestic product (GDP) hit a record 47% in 2007, fully 10 percentage points higher than the portion in the late 1990s. With approximately 50% of those exports earmarked for the rich countries of the developed world, a rare and sharp synchronous downturn...
...statement following the conclusion of the National People's Congress in March 2007, Premier Wen acknowledged that the Chinese economy looked extremely strong on the surface, especially in terms of GDP and employment growth. Yet, beneath the surface, he cautioned, such strength was far more questionable. In the case of China, he warned of an economy that was increasingly "unbalanced, unstable, uncoordinated and unsustainable." Little did he realize at the time how those "four uns," as they were later to become known, would pose an immediate and tough challenge to China's growth imperatives. Nor did he or other Asian...
...quality of economic growth is something of an amorphous construct, its attributes are undoubtedly steeped in better balance, stability, coordination, sustainability and integration. This is the essence of a critical transformation that could well usher in more of a pro-consumption, lighter and greener Asian economy than is the case today. The Next Asia will need to measure its success increasingly on those counts...
...Palin thinks the continent of Africa is one country (she doesn't). As for those who believe more rumors will produce more skeptics, Sunstein warns, Don't underestimate the natural human tendency to believe what you hear. That the Web is full of misinformation is irrefutable, but Sunstein's case for toughening libel laws and educating consumers on how information spreads (which he approvingly predicts would have a chilling effect) will most likely provoke debate--especially given the legal scholar's new role as head of the White House Office of Information and Regulatory Affairs...
...there movies nobody likes but everyone sees? Yes, especially over weekends when only one major-studio film is released. That seemed to be the case with Couples Retreat, the Vince Vaughn comedy that received a flatulent 13% on Rotten Tomatoes' survey of critics' reviews and a mediocre B rating from CinemaScore's poll of exiting moviegoers. Yet by Sunday night, according to early estimates, it will have earned $35.4 million, the top gross ever for a movie on Columbus Day weekend...