Word: central
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...From a macroeconomic point of view, better balance is Asia's most urgent priority. Central to that rebalancing will be the long-awaited emergence of the Asian consumer. For a region steeped in a culture of saving, this will not be an easy transformation. Here again, China undoubtedly holds the key. Its legendary excesses of precautionary savings are traceable to two major developments: massive layoffs associated with over 15 years of state-owned enterprise (SOE) reforms and the lack of an institutionalized social safety net. With SOE reforms likely to be ongoing - albeit probably at a slower pace...
...longer fit for human consumption, is gaining notoriety for its unpredictable nature - flash floods one day, barely a trickle the next. "We need to find a way of storing the excess water and using it through the rest of the year," says A.K. Bajaj, Chairman of India's Central Water Commission. (Read "India's Floods: a Manmade Disaster...
That might make Costa Rica technically carbon-neutral, but it would still leave venues like the capital of San Jose "choking" with factory pollution and Central America's notoriously black bus exhaust, says Roberto Jimenez, a Yale MBA who recently started the activist group co2neutral2021.org. "If there is a country in the world that can [achieve carbon neutrality], it's Costa Rica," says Jimenez, but he warns that the country's emissions "continue to grow unchecked." The Arias government is toying with the lofty idea of building a super-modern, solar-powered monorail system in the capital to acheive carbon...
...environmental generation - from a time, before the 1980s, when Costa Rica actually had one of the world's highest deforestation rates. Today's greener Tico cohort came of age after Arias' first presidency in the 1980s, when he won the Nobel Peace Prize for helping to end Central America's bloody civil wars. "Mr. Arias has definitely remained in the past century," says Rodriguez, whose Social Christian Unity Party is a liberal counter to Arias' more conservative National Liberation Party. He argues that while Arias' talk is visionary, his walk is still "conservative and traditional...
...deadly allies remain a major threat to Pakistan's stability. In perhaps its toughest challenge yet, the Pakistan army is gearing up, after much reluctance, for a ground offensive in South Waziristan to target what remains of Baitullah Mehsud's group, more than 5,000 well-armed central Asian fighters known for their brutality, and Arab fighters belonging to al-Qaeda. From their eastern patch of South Waziristan, the militants have authored close to 250 suicide attacks across Pakistan in the last 2½ years and trained other militants who have spread the Pakistani Taliban's brutality across the northwest...