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...Some overseas firms insist that China is simply repeating an economic development strategy that has propelled the country's rapid progress in many other manufacturing sectors. The country has been able to use the lure of huge potential markets to entice foreign companies to hand over technology and know-how in exchange for lucrative deals, later using that knowledge to produce competitive products cheaper than those of overseas originators. Foreign companies built the generators for the first stage of the massive Three Gorges hydroelectric dam, but the generator contracts required the foreign makers to transfer technology to Chinese partners...

Author: /time Magazine | Title: Tower of Power | 11/2/2009 | See Source »

...which he was taking aim - gross domestic product - was never intended to gauge anything other than how much money was changing hands. Yet we routinely use economic growth as shorthand for how well a country is doing. If we're going to use a metric to track our progress, shouldn't we choose something that measures the things we care about? (See pictures of President Sarkozy...

Author: /time Magazine | Title: A Better Measure than GDP | 11/2/2009 | See Source »

...dying auto industry, failing schools, rampant unemployment and a home foreclosure crisis: Detroit has no shortage of ills, but in recent years it has made progress combating the city's notorious tradition known as Devil's Night, the period leading up Halloween each year when scores of buildings would be torched. Yet earlier this month, when nearly a dozen vacant homes were set afire in the span of a weekend, authorities here feared the worst: The real estate crisis that has hit Detroit particularly hard would mean a resurgence of Devil's Night. (See pictures from the fight against Devil...

Author: /time Magazine | Title: Can Detroit Prevent a Return of 'Devil's Night'? | 10/30/2009 | See Source »

...Obama raised expectations after taking office by promising the region speedy movement toward settling the Middle East's most toxic conflict. So far, the Administration's efforts have produced precious little progress - and unfortunately for Obama, the Palestinians may no longer be waiting for Washington to do more to press the Israelis. Instead, they are growing more inclined to do that themselves, in ways that could quickly turn the Middle East into a crisis for the Administration...

Author: /time Magazine | Title: As Tensions Rise, Jerusalem Could Pose a New Crisis | 10/28/2009 | See Source »

...from 57% to 56%. These losses offset the gains made in the estimated earned income of women and the percentage of women among legislators, senior officials and managers. While the overall score of the United States in political empowerment remained the same as previous years, as other countries make progress, the United States has slipped [in the index...

Author: /time Magazine | Title: Bridging the Gender Gap | 10/28/2009 | See Source »

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