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...There are weaknesses to Beijing's great plan. For example, cheap Chinese goods flooding the continent sacrifice African jobs, sparking a backlash against the Chinese presence. Corruption is serious, institutions are weak and political risk in various African countries remains high, meaning the possibility of social and economic breakdown is real. No one will bet their house on continued growth in many African countries. But the West should take note: China has a plan to seize the advantage should the African consumer take flight...

Author: /time Magazine | Title: China Woos Africa — And Not Just For Its Resources | 11/16/2009 | See Source »

...epic story of China's modernization has often been told in numbers. Once dormant, insulated and ravaged by war and social upheaval, China is now the world's third biggest economy with more mobile-phone users and, by the end of this year, more car sales than anywhere else on the planet. But the story behind those numbers, of the coal miners and assembly-line workers, of the parents and children they've left behind and the arduous journeys made out of sheer desperation to find work, has rarely been given the same attention as the country's impressive economic...

Author: /time Magazine | Title: The Sacrifice Behind China's Economic Boom | 11/16/2009 | See Source »

...currency that it makes the stuff effectively worthless. Our fiscal straits aren't that dire just yet. But chronic deficits during George W. Bush's Administration, even bigger deficits brought on by the financial crisis and President Obama's efforts to stimulate the economy, plus looming shortfalls related to Social Security and Medicare will add up to economy-straining debts a few years from now - barring major changes in fiscal policy or a huge economic boom. (Read "Is the Dollar Dying a Slow Death...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

Building on the linguistic science developed by the pioneering semiotician Ferdinand de Saussure, Lévi-Strauss became a pivotal figure in the development of structuralism, which holds that universal mental structures underlie the behaviors, social relations and beliefs of virtually all societies in all eras. It was an idea with many critics, but in the 1960s, '70s and '80s, structuralism became a hugely influential school of thought, with offshoots--some of them just barely related to Lévi-Strauss's original thinking--in many other disciplines, including sociology and literature...

Author: /time Magazine | Title: Claude Lévi-Strauss | 11/16/2009 | See Source »

...excursions are designed to connect tourists with the communities they visit. "When done correctly, these programs can also help maintain the natural environments that are the draw for particular regions of the world," says Kara Hurst, a top executive at Business for Social Responsibility, a nonprofit that develops corporate-social-responsibility initiatives...

Author: /time Magazine | Title: Room Service and a Shovel: The Rise of Voluntourism | 11/16/2009 | See Source »

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