Word: westernness
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Dates: during 1990-1999
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...fact, the foreign reaction is more appropriate. What is happening in Russia is a disaster, a frightening one that threatens the world with prolonged instability at best, and the rise of an increasingly isolated and hostile state--armed with about 22,000 nuclear warheads--at worst. The Western countries have pumped tens of billions of dollars into the Russian economy to support reforms that were not carried through, and now are unlikely to give more. Russia...
...wave of Western capital that sloshed through Malaysia at the height of the Asian miracle in 1993 had just begun to recede when Mahathir began using the example of China to connect his disdain for Western economics with his hatred of Western politics. "China may be authoritarian, but it is better than anarchy," Mahathir said in 1994. "Business needs order. It needs to have a predictable future." He continued: "The sanctimonious pronouncements on humanitarian, democratic and environmental issues are motivated by the same selfish interest -- the desire to put as many obstacles as possible in the way of anyone attempting...
...been any sense of personal culpability for the tar pit that his country?s economy has abruptly become. The usual Asian suspects ?- crony capitalism, lack of financial disclosure and plain old-fashioned corruption ?- are as responsible for Malaysia's fall from grace as any of the wretched excesses of Western investment capitalists. But now, Mahathir has in mind for Malaysia a resurgence that not only restores to his people their achingly recent prosperity but forces a cataclysmic readjustment of the way the West would have emerging markets run. In short, Mahathir Muhammed dearly wants to teach the West a lesson...
...among yourselves," says Meier. The Darwinian culling of the banking sector has limited appeal to anyone except Moscow's oligarchs, who hope to salvage some of their wealth. Foreign bankers have little enthusiasm for the plan -- besides doubts over its efficacy, it's a nonstarter without another infusion of Western billions...
...president; North Korea prefers missiles -- or "artificial satellites" according to their official version. Kim Jong Il (the "Dear Leader" who is already de facto head of state) is set to take over the presidency of his late father, Kim Il Sung (the "Great Leader") on Saturday -- and Western intelligence has very little idea of his intentions. "The original assumption was that he was a lightweight playboy who wouldn't last long in power," says TIME correspondent Douglas Waller. "But he's proved himself to be a very skillful operator in consolidating his position." Although it's been suggested that...