Word: unionized
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Dates: during 2000-2009
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...population (thanks to health programs, better drinking water, etc., where so much of the money went). This is the single most important reason why 50 years of development aid did not work in Africa. But the agricultural policy, the food-aid policy and the trade barriers of the European Union and the U.S. have also done much to damage agriculture in developing countries. As long as these policies are not changed fundamentally, all efforts to develop a global policy for agriculture and food security will be largely wasted. The cause of the threatening food crisis, and its solution, are almost...
...anxiety over APEC's economic future has rejuvenated an idea once dismissed as unwieldy and unrealistic: the knitting together of a free-trade zone, similar to the European Union, straddling the Asia-Pacific region. Proposed by APEC's Business Advisory Council, this zone would include most of Asia (but not India) and a sliver of Central and South America, as well as big non-Asian economies like the U.S., Russia and Canada. If all of APEC's member countries participated - a big if - its combined annual GDP would be $37 trillion, 21/2 times that of the E.U., the world...
...industrial economies like South Korea. Another commonly cited impediment is cultural diversity. "Europe is in a sense a single civilization; Asia is not," says Ravi Menon, Permanent Secretary of Singapore's Ministry of Trade and Industry. Others question whether Asia's institutions are robust enough for an E.U.-style union. "Are political institutions mature enough in Asia to do what Europe did?" asks Cem Karacadag, a Singapore-based economist with Credit Suisse...
...change in policy also reflects the political and economic reality in Asia. While the U.S. and European Union have stayed away, other countries have poured money into Burma - most notably its neighbors China, Thailand and India, who are hungry for the country's plentiful natural resources. The sting of western sanctions has been lessened by such investment forays, leaving the Burmese military brass with plenty of money to prop up their regime. (See pictures of what lies behind the discontent in Burma...
...final bill is possible by the end of the year, that is looking more and more doubtful. Speaking from his experience of watching the slow death of his health care bill, Clinton told the Senators they must get one to Obama's desk by the State of the Union address in January at the latest, according to one participant, Senator Sherrod Brown of Ohio. (See 10 players in health care reform...