The pump that won't be primed

Article Abstract:

Most Western governments believe the revival of the Japanese economy is crucial in containing the spread of economic stagnation throughout East Asia and beyond. However, by interfering in its economic affairs, they risk deepening the recession in Japan and isolating the region. Despite the $195 bil stimulus package, Japan's economic future depends on its institutions and public confidence.

Author: Shipman, Alan
Economic aspects, Japan, International aspects, East Asia, Economic stagnation

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Polishing the long spoon

Article Abstract:

The US and Europe have not treated Cuba the same as other countries since the Cold War. Such treatment results from the country's undiminished loyalty to communism. Cuba has preserved health and education, which deliver a free service not affordable to some Americans. Its system of accountability enforces official accountability to prevent corruption.

Author: Shipman, Alan
Political aspects, Cuba, Economic stabilization

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Long march to market

Article Abstract:

Issues are discussed regarding China's economic problems as the country attempts to modernize. Increasing productivity by shifting jobs from farms to rural industry cannot sustain the kind of modernization that global competition demands, and structural change must occur in the old industrial regions.

Author: Shipman, Alan
China, Economic policy

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