Word: reformer
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...this the same country whose navy six weeks ago shelled South Korean patrol boats off the west coast of the peninsula, killing five sailors? It is, say observers, who speculate that the naval battle may have been an accidental clash rather than a deliberate provocation. The country's recent reforms and overtures are, in fact, in keeping with an agenda dating back to the late 1980s, when the Soviet Union unraveled and left its client state, North Korea, without a dependable source of oil and food. The conventional wisdom has been that Kim is too scared of losing control...
...North Korea is indeed serious about reform, it will begin by rebuilding its decimated manufacturing sector. The country needs to export goods if it is to earn hard currency to pay for the food and fertilizer it cannot produce itself. Cutting off subsidies to deadbeat factories is just a first step, and there is no evidence the government has a blueprint for moving further. "They aren't scrapping the socialist system," says Koh Hyun Wook, an expert on North Korea at Kyungnam University near Pusan. "These are makeshift moves to overcome the current economic crisis...
...Iraq is the Achilles heel of E.U. foreign policy," says Steven Everts of the Centre for European Reform in London. "The European debate has been too reactive: Do you or do you not support a U.S. attack?" Everts argues that instead of responding with horror to each new leaked report of U.S. battle plans, the E.U. should come up with alternatives of its own and inject these into Washington's deliberations...
...general election, Economy Minister Kemal Dervis resigned to focus on building a center-left alliance that secularists hope will keep the pro-Islamic Justice and Development Party from power. The respected Dervis, who is not a member of any party, won praise for orchestrating the imf-backed reform plan that saved the economy from collapse last year...
...issues…the administration’s position was in favor of more authority to regulate in the public interest than the decisions that were taken by the Republican majority at that time,” Summers said, highlighting the 1999 repeal of the Glass Steagall banking reform bill as a prime example...