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...about everywhere else, policymakers are rejecting the China model. The severity of the financial crisis hasn't caused political leaders to look to China's success and roll back democracy or copy China's state capitalism. In fact, they are heading in just the opposite direction. The Presidents of South Korea and Taiwan believe deregulation is crucial for the future of their economies. In Japan, newly installed Prime Minister Yukio Hatoyama has wisely made weakening the power of the bureaucracy - not expanding it - one of his primary policy goals. Asia has also become a leader in promoting free trade...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

Even in China, autocratic state capitalism has an uncertain future. The story of Asia's economic boom tells us that democracies tend to follow wealth. Asians have demanded more political rights with their expanded economic opportunity. That's what happened in Taiwan, South Korea and Indonesia, all dictatorships turned stable democracies. China believes it can build a full-fledged market economy while leaving its politics unchanged. So far it has. But as China gets richer, can its ruling class survive the forces that undermined autocratic regimes elsewhere in Asia...

Author: /time Magazine | Title: What Asia Can Really Teach America | 2/4/2010 | See Source »

...Tehran's "gotta have it" DVD item. (Certainly, nothing compares to it on Iranian state television, with its cooking shows and documentaries.) Today it is next to impossible to find a young person in the capital - be it in the affluent north of the city or the working-class south - who has not seen or at least heard of Lost. In some quarters, not knowing what Lost is, or worse, betraying a lack of interest in the program, invites scorn and ridicule. (See the top 10 episodes of Lost...

Author: /time Magazine | Title: Iran's Secret Obsession: Getting Lost in Tehran | 2/4/2010 | See Source »

...paradigm for the country's general, if not pathological, sense of social and political captivity? The closest rival Lost has in Iran is Prison Break, a TV series that had only a moderate following in the U.S. Before that, there was Jewel in the Castle, a melodrama from South Korea about a young girl working as an indentured cook in the royal kitchen of an ancient monarch who manages to free herself after a lifetime of struggle. But Lost and its mysteries appeal even more strongly to Iranians. "In Iran, people are drawn to stories that are unpredictable," observes Masoud...

Author: /time Magazine | Title: Iran's Secret Obsession: Getting Lost in Tehran | 2/4/2010 | See Source »

...South African President Jacob Zuma has never been shy about defending his right - sometimes with a joke and a wink - to have three wives as a Zulu man, no matter how much Westerners may disapprove of his polygamous ways. But when it comes to fathering a child out of wedlock, Zuma has been much more tight-lipped - and nowhere near as comical...

Author: /time Magazine | Title: In South Africa, a Scandal Over All the President's Children | 2/4/2010 | See Source »

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