Word: pacts
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Dates: during 2000-2009
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...announcing that one is turning over a new leaf is different from actually changing entrenched realities. The question now is whether the new constraints placed on the U.S. military by the security pact will indeed visibly shift leadership to the Iraqis by June - when U.S. combat troops are supposed to be out of Iraq's cities. Another question: What will the consequences of that shift in command responsibility be in terms of security and keeping order in Iraq? (See pictures of a detention center in Baghdad...
...with how to shield these export-led economies from a slowdown in the West. Indeed, Asian governance is failing in democracy's most basic undertaking: to represent the will of the people. Back when the region was poor and ravaged by war, Asia's citizens made an unspoken pact with their leaders, that economic progress could predate political reform. But, today, most Asians are fed and clothed, and a middle class flourishes. Where, then, is the accountability, transparency and justice Asians crave? Here are four areas in which the continent's democratic experiment is underperforming - and what Asia...
Many of the pact's effects have been celebrated. Intra-North American trade has more than tripled since NAFTA's inception, and the value of U.S. agricultural exports worldwide has climbed by 65 percent. Agricultural trade in both directions between Mexico and the U.S. increased from $7.3 billion in 1994 to $20.1 billion in 2006. Trade between the three parties currently accounts for about 80 percent of Canadian and Mexican trade and more than a third of U.S. trade...
...critics say these results may not be directly linked to NAFTA, and that the pact has been a disappointment on other fronts. The bloc has been seen by some as a symbol of insidious globalization, cordially invited into the U.S. only to eat away at the domestic job market. In 1992, before the treaty was ratified, independent U.S. Presidential candidate Ross Perot famously warned voters to prepare for the "giant sucking sound" of jobs moving across the border to Mexico, where NAFTA would enable companies to take advantage of cheap labor. Mexico's average hourly manufacturing wage is still only...
...Still, the rest of Europe will be watching closely. "Older member states want to see if a former Warsaw Pact country can be counted on for this responsibility," says Andrew Duff, a British Liberal Democrat member of the European Parliament. "If the Czechs screw up, it would strengthen the French-led arguments for a directory of big member states to take over the management...