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...much stuff we can produce that we can drop on an enemy," Alan Krueger - now a top-ranked economist in the Obama Administration - said at the Organization for Economic Cooperation and Development (OECD) World Forum in 2007. "It's natural in the post?Cold War era that we would turn to other measures of how well our society is doing...

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

...undergoverned India and orderly, overgoverned China," says Mohan Guruswamy, an Indian and a co-author of Chasing the Dragon, a new book about the two countries' economic rivalry. That competition continues, with the U.S. trying to keep close ties to both sides in a difficult balancing act that may turn out to be the most important geopolitical challenge facing Washington this century...

Author: /time Magazine | Title: China Vs. India: Will Rivalry Lead to War? | 11/2/2009 | See Source »

...Western Hemisphere Affairs. Shannon downplayed any U.S. strong-arming, insisting the accord resulted "not so much from what we were telling Micheletti but from what other Hondurans were telling Micheletti." In a speech Thursday night, Micheletti called the Zelaya restoration concession "significant" but acknowledged Hondurans "are clamoring to turn our history's page past these difficult moments." For his part, Zelaya, who at times has exasperated U.S. and international mediators with his own hyperventilated statements, said he was "satisfied" and "confident that my reinstatement is imminent...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

...limited by some sort of unity government. Moreover, Micheletti and other coup leaders still feel Zelaya should be prosecuted for defying a Supreme Court order not to hold a referendum on constitutional reform. They were also worried that he planned to eliminate Honduras' ban on presidential re-election and turn the country into a puppet of his left-wing ally, Venezuelan President Hugo Chavez. Those fears were the basis for the June coup. Many Zelaya supporters, meanwhile, feel Micheletti and other coup leaders should stand trial as well. Still, Clinton, amid her visit to Pakistan on Friday, hailed Honduras...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

Shannon, in turn, called the new accord proof that Obama's hemispheric doctrine of "dialogue and engagement" can work. The more imperious Latin America policy practiced by past U.S. administrations often actively supported military coups in the region. The agreement is also a rebuff to the congressional conservatives who have held up key diplomatic appointments (including Shannon's as Ambassador to Brazil) to protest Obama's designation of Zelaya's ouster as a coup...

Author: /time Magazine | Title: A Deal Finally Ends Honduras' Coup Crisis | 10/31/2009 | See Source »

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