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...which has fallen 58.5% since January, currently holds the unhappy title of being the worst-performing in the world in the last 30 days. Citing the government's difficulty in reining in inflation, Moody's, which grades creditworthiness, lowered Vietnam's ratings outlook last week to negative from positive. Poor ratings signal that banks may have trouble meeting their financial obligations, undermining investors' confidence in the country. In a nutshell, the economy overheated and the government was too slow to respond, says Jonathan Pincus, chief economist for the United Nations Development Program in Vietnam. "It's how we got into...

Author: /time Magazine | Title: Vietnam's Troubled Economy | 6/9/2008 | See Source »

...Titled "A Broader, Bolder Approach to Education," it lays out an expansive vision for leveling the playing field for low-income kids, one that looks toward new policies on child health and support for parents and communities. The document states that much of the achievement gap between rich and poor "is rooted in what occurs outside of formal schooling," and therefore calls on policymakers to "rethink their assumptions" about what it will take to close that gap. Neuman says that money she's seen wasted on current programs, including much of the massive Title 1 spending should be reallocated according...

Author: /time Magazine | Title: No Child Left Behind: Doomed to Fail? | 6/8/2008 | See Source »

...phasing out their contraception program, and some worry other groups will follow. "They are saying that contraceptives should be sold, not distributed for free," says Suneeta Mukherjee, a representative for the the United Nations Population Fund. ?This is fine, but there is no safety net for the poor...

Author: /time Magazine | Title: The Philippines' Birth Control Battle | 6/6/2008 | See Source »

...their cycle, and abstain from sex on all but their least-fertile days. But abstinence is a tough sell and people, it seems, aren?t buying it. The country's population is growing at a rate of about 2.3% per year, outpacing increases in agricultural production and economics gains. Poor families, like Bing's, are growing fastest. The country's poorest residents have an average of six children. The richest, meanwhile, have two. And it's not simply a matter of choice. Asked how many children they'd like to have, Philippine women, rich and poor, say they'd like...

Author: /time Magazine | Title: The Philippines' Birth Control Battle | 6/6/2008 | See Source »

...architects of the ban deny a link between population and poverty. "I reject the notion that we are poor because we are plenty," says former mayor Atienza. "Poverty is caused by mismanagement, not by the number of people." He?s partly right, of course. Endemic corruption and sluggish agricultural production helps keep the Philippines poor. But government statistics and a host of studies show that population is part of the problem. Access to nutrition, education and employment decreases dramatically when a family outgrows its means...

Author: /time Magazine | Title: The Philippines' Birth Control Battle | 6/6/2008 | See Source »

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