Category: Asia

Afghanistan - When will There be Peace 1

Afghanistan: When will There be Peace? Part I

Afghanistan is one of the poorest countries in the world. Nevertheless, the great powers have been concerned with the area for hundreds of years. The British Empire fought three wars there. The Soviet Union...

Malaysia Economy

Malaysia Economy

ECONOMY: AGRICULTURE, FORESTRY, LIVESTOCK AND FISHING Practiced on less than a quarter of the territory of Malaysia, agriculture agriculture plays an important role in the national economy; although the share of employees is not...

From G8 to G20 1

From G8 to G20: Towards Global Governance? Part I

From 2010, the G20 will take over as a forum for economic coordination between the world’s most powerful countries, and the G8 will slip into the shadows. Does this mean global governance and more...

The Global Yoke of Drugs 1

The Global Yoke of Drugs Part I

More people suffer a violent death outside the world’s war zones than in them. Tens of thousands are killed annually – directly or indirectly – as a result of criminals’ violence and other criminal...

The Global Yoke of Drugs 2

The Global Yoke of Drugs Part II

5: Norway – part of the drug industry A few years ago, some ambulance drivers from war-torn Lebanon received an internship in Oslo through the Norwegian Red Cross. They were jealous of our private...

A Financial Crisis in the Making 3

A Financial Crisis in the Making Part III

Fact 2: See “bottom-up” One very important lesson from this financial crisis is that we cannot understand the problem by simply analyzing it “from top to bottom”. It is possible that there have been...

A Financial Crisis in the Making 2

A Financial Crisis in the Making Part II

From the summer of 2007 onwards, however, it was realized that the original lending (especially the subprime loans, see facts in No. 21, 2008) and the control of the individual loans in these composite...

A Financial Crisis in the Making 1

A Financial Crisis in the Making Part I

In recent months, words such as economic “crisis”, “collapse” and “depression” have been repeated in the media. A financial crisis has built up. The situation is dramatic, and the consequences of the crisis could...

The Financial Crisis 2009 4

The Financial Crisis 2009 Part IV

Tighter regulations require – to varying degrees – international cooperation to be fully effective. Without such cooperation, banks may threaten to move to where they receive the most favorable terms. We can have what...

The Financial Crisis 2009 3

The Financial Crisis 2009 Part III

For such a system to work, banks that take greater risks than the usual “useful” banks must actually be able to go bankrupt. The idea is that the more speculative investment banks and other...

The Financial Crisis 2009 1

The Financial Crisis 2009 Part II

The distribution between the government spending the money itself and handing it over to households in the form of tax breaks varied between countries. One rule seems to be that the more social democratic...

The Financial Crisis 2009 1

The Financial Crisis 2009 Part I

In March 2009, it looked really dark for the world economy. Everything pointed downwards. Since then, stock markets around the world have risen significantly, and the fall in world trade has stopped. It may...

Economic Downturn in the West 3

Economic Downturn in the West Part III

6: Not everyone is equally happy It does not only benefit the United States that the dollar is considered safe. In uncertain times, such as during the financial crisis in 2008 and during the...

Economic Downturn in the West 1

Economic Downturn in the West Part II

China is not the only populous country experiencing rapid economic progress. India, with over 1.2 billion inhabitants, has also had a healthy growth in the last 15-20 years (but still lower than China). Together,...

Economic Downturn in the West 1

Economic Downturn in the West Part I

In the autumn of 2008, the American investment bank Lehman Brothers was declared bankrupt, and a global downturn began. The large industrialized countries are still struggling with the effects of the most severe post-war...

Pandemic = Economic Collapse 2

Pandemic = Economic Collapse Part II

But specialization only works if we can collaborate and trade with each other. Norway could not expand the oil fields in the North Sea unless people outside the country’s borders buy the oil and...

Pandemic = Economic Collapse 1

Pandemic = Economic Collapse Part I

When the pandemic struck like a global bomb, the economy joined the pull. What is economic globalization, and how can a health catastrophe be so closely linked to economic collapse? What is economic globalization?...

Burma's Saffron Revolution 2

Burma’s Saffron Revolution Part 2

6: The UN has limited power India and China are the giants in Burma’s neighborhoods. China has been an important international ally of the junta since 1988, while India has pursued a more volatile...

good aspects of urbanization

A Value of Cities Part II

5: Enormous challenges The growth of the world’s urban population is happening and will continue to take place in developing countries . However, the growth requires that some very basic problems must be tackled...

Burma's Saffron Revolution 1

Burma’s Saffron Revolution

In September 2007, Burma’s Buddhist monks took to the streets to express their displeasure with poverty and misrule under the military junta’s iron heel. It had been 20 years since most Burmese had witnessed...

A Value of Cities

A Value of Cities Part I

For the first time in world history, most people live in cities. Towards the end of this century, nine out of ten people on earth will live in cities. And the vast majority will...

India - Asia's New Miracle

India – Asia’s New Miracle? Part II

5: First booth: Everyone at school Well over eighty percent of Indians are Hindus . A minority, approx. thirteen percent, are Muslims, and sometimes violent clashes occur between the two groups. But even between...

Bangladesh Power Change 3

Bangladesh Power Change Part III

– Grameen Bank changed my life, says the village woman Geddy, – Now I do not have to borrow money from Shamsul Huq. He does not have the roof on me anymore, she says....

India needs a lot of energy to live in poverty.

India – Asia’s New Miracle?

On August 15, 2007, India turned sixty years old. The day was marked with party speeches and large parades. “We are a young nation, and the best is yet to come!” declared Prime Minister...

Bangladesh Power Change 2

Bangladesh Power Change Part II

4: Soil and water give power In the 1970s, living standards and positions of power largely depended on how much land one owned. Shamsul Huq was the village’s largest landowner, a position he consolidated...

China - The World's New Factory 2

China – The World’s New Factory Part II

3: China in international trade Until the end of the 1970s, China’s economic policy was marked by the idea of ​​strong state control. Production and pricing were subject to detailed regulations by the authorities....

Bangladesh Power Change 1

Bangladesh Power Change Part I

In the late 1970s, Bhaimara (fictitious name) was a very poor village. Most of the people in the village owned little or no land and were completely dependent on seasonal work for landowners. With...