Word: exportability
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...reforms and open up to the world. There's a sound reason to think things are different this time. Last week, after many years of trying, Vietnam won its bid to join the World Trade Organization, a move that could help liberalize the country's economy and spark an export-driven boom similar to the boost China received after it joined the WTO in 2001. Vietnam is already on a roll. It's GDP growth rate this year is projected to be 8.2%, the second-fastest pace in Asia behind China and in a dead heat with India. Exports were...
...tell that to your local sushi chef. Over the past three decades, the fish export trade has grown fourfold, to 30 million tons, and its value has increased ninefold, to $71 billion. The dietary attractiveness of seafood has stoked demand. About 90% of the ocean's big predators--like cod and tuna--have been fished out of existence. Increasingly, fish and shrimp farms are filling the shortfall. Though touted as a solution to overfishing, many of them have--along with rampant coastal development, climate change and pollution--devastated the reefs, mangroves and seagrass beds where many commercially valuable fish hatch...
...Adding to the problem, there was no assurance that Bolivians would have access to their own gas and oil after privatization. Thanks to a lack of infrastructure and a more attractive export market, frequent gas shortages have plagued the country. It was those conditions that helped oust two Presidents and propel Morales to his current position, where he has become a strong ally of outspoken Venezuelan leader Hugo Chavez...
...upward trend understandably worries arms control advocates. Says Wade Boese, research director for the Arms Control Association, "Every country sees its exports as justified and legitimate and the exports of others as potentially provocative or threatening." But ultimately every arms export can pose a danger, even for the exporter. Before the Shah was toppled in Iran, for example, the U.S. was due to ship four destroyers to the country. Fortunately, Washington held up delivering the warships after the overthrow. Imagine what kind of problems four Iranian destroyers would pose for the U.S. Navy if Tehran wanted to bottle up Persian...
...rushed to embrace the global market. The old monopoly has gone, and producers have replaced over 40% of the nation's vines - ripping[an error occurred while processing this directive] out the white grapes long favored for domestic consumption and planting a wide range of reds for export. And they've learned the hard way how to improve marketing and respond to changing world demand. At the Simonsig winery in Stellenbosch, the Malan family has been making wine for more than 300 years. But it quickly discovered a sad truth when it began exporting in the 1990s: its style...