Word: crisises
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Don't get your hopes up. Asia can surely provide lessons for the West, but Americans often take the wrong lessons from Asia's growth stories - and we seem to be doing it again now. (See pictures of the global financial crisis.)
See pictures of the global financial crisis.
Widen your perspective: take into account what's happening in Asia outside of China, and the message from the East looks starkly different. The problem with today's analysis of Asia is that it is far too focused on China. China is not Asia. In fact, in many ways, it...
See pictures of the global financial crisis.
It was a different story when pro-Western reformer Viktor Yushchenko swept into power five years ago. His victory, millions of Ukrainians believed, would tear the former Soviet republic from neighboring Russia's orbit and set it firmly on a course toward integration with the rest of Europe. But Yushchenko...