Word: courtises
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First came the Asian Miracle, as booming Pacific Rim countries showed the rest of the world how to grow. Now comes the Asian Meltdown, as turmoil across the region shakes markets from Hong Kong to Wall Street. Last week it was Japan and South Korea that gave the world a...
All around the world, the panel cautioned, the Goldilocks economy is not always as lustrous as it appears. China, its treasury bursting with foreign reserves and its stock markets surging, is poised for stable growth, Courtis said. "And if China moves ahead an inch, the rest of Asia moves ahead...
In India, unlike China, Courtis said, the free-market reforms pushed by the political elites have not yet won acceptance by the population at large: "They're still at the point where they think reform is going to make their life worse." The big question mark, said the panelists, is...
Japan, where massive government spending programs have brought the economy "back from the lip of meltdown," said Courtis, is a study in contrasts. "The multinational manufacturers are today stronger than they've ever been," thanks to the weak yen (currently trading at 124 to the U.S. dollar). But "small and...
Judge Joseph M. Proskauer of the New York Supreme Courtis a tall, scholarly-looking, soft-spoken Jew, originally from Mobile. He plays golf, goes to the opera, wears a cropped mustache. The criticism against his indulging in politics during a judicial career is four years old. He has assisted every...