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The Death of Kim Jong Il: Now What?
By John Delury and Chung-in Moon |
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After 17 years at the helm of North Korea, the Dear Leader is no more, and suddenly we are faced with a reality on which so much “contingency planning” has been based. So, what can we expect of the next chapter in the North’s political history? And how should the key players—South Korea, the US and China—navigate this sensitive and critical transition period?
In April, we argued in an essay for 38 North that the succession process appeared to be going smoothly; for now, a few days after the death of Kim Jong Il, we stand by that assessment. We see no evidence of near-term political crisis or confusion as to the new pecking order; no sign of immediate factional struggles, popular revolt, or systemic breakdown. In this, what Time magazine has called “the Year of the Protestor,” when dictators were overthrown, tried and shot, there remains no hint of a Pyongyang Spring to come. Kim died of natural causes.
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Corruption Erodes and Undermines
Indonesia’s Growth
By Yohanes Sulaiman |
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As a developing country riddled with
corruption at every level, Indonesia appears
to defy expectations with consistently high
growth rates in recent years. But this cannot
last: sooner or later, corruption will stifle
growth as more and more people demand
their share and the costs of doing business
Rocket…
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Corruption Harms Development? It’s
Not That Simple
By Hal Hill |
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Indonesia’s unexpected and stellar growth over four decades shows clearly that corruption does not have to be a barrier to a booming economy. The key is only allowing the ‘right’ sort of corruption: Small bribes that oil the wheels of commerce for everyone are less of a problem than high-profile…
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Chung-in Moon and David Plott |
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The world enters 2012 amid growing anxiety that the lingering effects of the financial crisis that engulfed the global economy in 2008 will erupt into yet another crisis, possibly with more profound effects than the Great Recession three years ago. At the center of the uncertainty are Europe and the United States, with the former struggling to contain a banking and sovereign debt crisis that threatens to unravel the euro zone, while the latter is paralyzed by a toxic policy struggle over whether to stimulate the economy further or focus on slashing the federal budget deficit despite weak economic growth.
Much is at stake for Asia in the outcome of Europe and America’s policy choices. This is not only because demand from these economies underpins much of Asia’s export growth, but also because another collapse of Western markets and financial systems would inevitably shake those in Asia.
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Dawei Port: Thailand’s Megaproject in Burma
By Pavin Chachavalpongpun
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If the political process under way in Burma genuinely heralds the end of the country’s long torpor under military rule, the opening of the economy is a key factor. In that context, the role of Thailand in the massive Dawei deep-water port project is crucial, writes Pavin Chachavalpongpun. He examines the potential political and economic impact of Dawei on Burma’s future.
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The Spin Doctor’s Unsettling Rise In Indonesia
By Andreas Ufen
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One by-product of democracy over the last dozen years in Indonesia has been the creation of a political polling and consulting industry.
This mass commercialization of elections rewards popularity and diminishes the role of party insiders but it also increases the hold of big business on the political process, writes Andreas Ufen.
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| LONG REVIEWS |
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The Man Who Made Modern Korea
Reviewed by Charles K. Armstrong
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Thirty-two years after his death, Park Chung Hee (1917–1979) is currently the most revered former president in the history of South Korea. Park’s popularity is largely a posthumous phenomenon.
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| SHORT REVIEWS
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A Salute to the East Asian Model
Reviewed by Taehwan Kim
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This book is the latest addition to the more than a century-old great debate on the relations between the state and the market as determining factors of economic performance. British sociologist and political economist Jeffrey Henderson clearly sides with the “state school” faction.
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How to Grow and Keep Growing
Reviewed by John Delury
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It is conventional wisdom to say that if Asians were to consume like Americans, our planet would be pushed beyond the breaking point. And yet, particularly now with the euro zone teetering on the brink, the whole world is rooting for Asia to grow, grow, grow, and everyone is talking about how China needs to shift to a consumer-driven growth model.
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Fading Gingrich attacks Romney in ad
Posted: January 28, 2012 13:45
MIAMI (Reuters) - Newt Gingrich struggled to regain momentum in the Republican presidential race on Friday as two new polls showed him falling behind rival Mitt Romney, who was seen as the winner of t..
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Fitch cuts Italy, Spain, other euro zone ratings
Posted: January 28, 2012 13:35
NEW YORK (Reuters) - Fitch downgraded the sovereign credit ratings of Belgium, Cyprus, Italy, Slovenia and Spain on Friday, indicating there was a 1-in-2 chance of further cuts in the next two years.
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Growth quickens, but speed bumps ahead
Posted: January 28, 2012 07:26
WASHINGTON (Reuters) - The economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early..
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Syria violence kills over 40
Posted: January 28, 2012 14:56
AMMAN (Reuters) - Security forces killed over 40 people in Syria on Friday, activists and residents said, as people in Homs mourned 14 members of a family they said were slain by militiamen in one of ..
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Subpoenas issued to financial firms in expanded probe
Posted: January 28, 2012 08:57
WASHINGTON (Reuters) - The Justice Department issued civil subpoenas to 11 financial institutions as part of a new effort to investigate misconduct in the packaging and sale of home loans to investors..
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Foreign Affairs Editor Gideon Rose on Reuters.tv
Posted: January 28, 2012 00:00
January 27, 2012
Summary:
Ian Bremmer, Susan Glasser, and..
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Obama's Bagram Problem
Posted: January 28, 2012 00:00
How Afghanistan's Prisons Complicate U.S. Withdrawal
January 27, 2012
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Capriles Radonski and the New Venezuelan Opposition
Posted: January 28, 2012 00:00
Why the Presidential Election Could be a Real Contest
January 26, 2012
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January 25th and the Egypt the Revolution Has Made
Posted: January 28, 2012 00:00
Letter From Ain Sukhna
January 25, 2012
Steven ..
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The Arab Spring at One
Posted: January 28, 2012 00:00
A Year of Living Dangerously
January 24, 2012
F..
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