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...most of its exports are in euros, which means it benefits coming and going. "We dream about this situation," Sikora said. Poland is the biggest of the 10 nations set to join the E.U. later this year, and Sikora is hopeful that accession will boost growth. Poland's lower labor costs give it a competitive edge, and it continues to enjoy some foreign direct investment, although the amount has dropped off in the past few years. A recent McKinsey report suggests that Poland is well placed to create as many as 500,000 jobs over the next five years...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...wound tightly into our social history. One of these is the value set on "mateship"; another, related to it, is a much paraded dislike of elitism. Mateship--essentially, male bonding--began in the harsh world of the penal settlement. It continued in the hardly less tough environment of labor that was the lot of most men in the bush: shearers, station hands, shepherds. To have a mate was to survive; to betray that mate was to be a scab, less than a man; such was the hard calculus of colonial life, and its traces are very much alive in Australia...

Author: /time Magazine | Title: The Real Australia | 11/14/2007 | See Source »

...Queen, cancel any law enacted by the Australian government or even throw out the government and call for new elections. Or he may not. In practice he almost never does. The last and only time he did was in 1975, when the G-G, Sir John Kerr, fired the Labor government led by Gough Whitlam. This caused shock and resentment. Millions of Australians felt that Whitlam, their hero, the great reformer of government policy in the domains of race, immigration, foreign policy and the arts, had been stolen from them. There are still plenty of people around who regard this...

Author: /time Magazine | Title: The Real Australia | 11/14/2007 | See Source »

...signs. She openly acknowledged (and was scrupulously careful not to attack) the possibility of a stable republic in Australia. The current Prime Minister, John Howard, is an obdurate monarchist. But the next in line as head of Howard's conservative Liberal Party, Peter Costello, is a republican. The Australian Labor Party is republican through and through. It is only a matter of time before the less reactionary and nostalgic Liberal politicians can come out of the closet, and then Australian monarchy will be finished...

Author: /time Magazine | Title: The Real Australia | 11/14/2007 | See Source »

...Serbian government was taken aback by the report, but did not try to contest the findings. "I am well aware of how horrible things are," Rasim Ljajic, the Serbian minister for labor and social policy, told TIME. "I couldn't sleep for three days after my first visit to Kulina...

Author: /time Magazine | Title: Disabled Serbians in Harsh Conditions | 11/14/2007 | See Source »

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