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...anxiety over APEC's economic future has rejuvenated an idea once dismissed as unwieldy and unrealistic: the knitting together of a free-trade zone, similar to the European Union, straddling the Asia-Pacific region. Proposed by APEC's Business Advisory Council, this zone would include most of Asia (but not India) and a sliver of Central and South America, as well as big non-Asian economies like the U.S., Russia and Canada. If all of APEC's member countries participated - a big if - its combined annual GDP would be $37 trillion, 21/2 times that of the E.U., the world...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

...common impression of Africa owes more to Joseph Conrad's Heart of Darkness than we would like to let on: Africa is inscrutable, wild, primitive and decades away from genuine modernization. Like the European businessmen in Conrad's 1902 novel, we assume Africa's only assets come from the land or beneath it. In the Heart of Darkness it was ivory. Now it is oil and minerals...

Author: /time Magazine | Title: China Woos Africa — And Not Just For Its Resources | 11/16/2009 | See Source »

Economic experts pondered whether a different and more accurate economic health measurement system than GDP would have prevented the current global financial crisis during a panel at the Center for European Studies last Friday...

Author: By Gautam S. Kumar, CONTRIBUTING WRITER | Title: Amartya Sen Offers Alternative to GDP | 11/16/2009 | See Source »

Harvard economics and philosophy Professor Amartya Sen and Institut d’Etudes Politiques de Paris economics professor Jean-Paul Fitoussi discussed their research on alternative ways of measuring the success of a society as part of a panel discussion organized by Center for European Studies visiting scholar Éloi Laurent...

Author: By Gautam S. Kumar, CONTRIBUTING WRITER | Title: Amartya Sen Offers Alternative to GDP | 11/16/2009 | See Source »

...European studies Professor Peter A. Hall and sociology Professor Michèle Lamont joined Fitoussi and Sen in presenting their work on the role of “the collective imaginary”—a group of people who form a perceived community—on “successful societies,” as Hall said...

Author: By Gautam S. Kumar, CONTRIBUTING WRITER | Title: Amartya Sen Offers Alternative to GDP | 11/16/2009 | See Source »

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