Word: factly
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
More important, the idea that the state made China rich is simply not true. China only started growing when the overbearing government got out of the way and allowed private enterprise, both Chinese and foreign, to thrive. The same is true in India. Across Asia, in fact, the primary engine of growth has always been the market, not the state. All rapid-growth Asian economies - including China's - succeeded by latching onto the expanding forces of globalization, through free trade and free flows of capital. South Korea, Taiwan and Singapore may have had active bureaucrats, but the true source...
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 is the exception (albeit a big one). Asia's other giant outperformer - India - is a quite fractious democracy. Only one significant economy - Vietnam - is following China's lead. Just about everywhere else, policymakers are rejecting the China model. The severity of the financial crisis hasn't caused political leaders...
...presidency, which is powerful enough to overrule decisions made by the Supreme Court of Sri Lanka, in order to empower the Parliament to be more responsible to the people by enacting new laws to fight state corruption, foster democracy, and promote freedom of expression. These demands stemmed from the fact that Sri Lanka has already had three armed uprisings after independence because of a rigid system of government...
...Defense was on fire. The American party heard this slapping and thought they were being cued to applaud. And so they did. And Henry later told us, 'God only knows what His Holiness thought, seeing the American Secretary of Defense immolating himself, and the entire American party applauding the fact...
...credit, Gates is mindful that the U.S.'s diplomatic assets pale in comparison to its military power. The Pentagon budget is still $660 billion, compared with State's $51 billion. To audiences, Gates often bemoans the fact that the State Department's foreign-service officers would barely crew one aircraft carrier. "We joke that Gates is the best surrogate for the State Department. He always makes the point that we are underfunded and underresourced," says a Clinton staffer. At the same time, the Pentagon has assumed more of the burdens of diplomacy and statecraft. The building contains its own mini...