A word wall in the Western Academy of Beijing. Image by torres21 / Flickr.
LONDON – As many high-income economies continue to flounder, many regard Brazil, China, India, Russia, and smaller emerging-market countries as the best hope for short-term global recovery. Cautious optimism seems justified if emerging markets can weather the impact of shrinking demand for their exports, and sustain their recent records of prudent macro-economic management. But, unless constraints to longer-term growth are addressed soon, the emerging markets’ rise to prosperity and global influence will be short-lived.
The main constraints include environmental degradation, economic deprivation, social inequality, ineffective public-sector management, and weak corporate governance. None of these challenges can be overcome without a massive increase in the number of competent and motivated leaders and professionals. But that requires reforming and expanding access to post-secondary education. » More
Satellite imagery of suspected Fordo underground uranium enrichment facility under construction north of Qom, Iran. Image by wapster / Flickr.
MADRID – The latest round of negotiations on Iran’s nuclear program between Iran and the so-called “5+1” group (the United Nations Security Council’s five permanent members – the United States, the United Kingdom, Russia, France, and China – plus Germany) has now begun. Following more than a year of deadlock, after negotiations in January 2011 led nowhere, this dialogue is for many the last chance to find a peaceful solution to a nearly decade-long conflict (in which I participated closely from 2006 to 2009 as the West’s main negotiator with Iran).
The objective of the talks, chaired by the European Union’s foreign-policy chief, Catherine Ashton, and Iran’s chief negotiator, Saeed Jalili, is still to persuade Iran to halt uranium enrichment and to comply with Security Council resolutions and its obligations under the Nuclear Non-Proliferation Treaty. But several factors heighten the current negotiations’ strategic importance. » More
Entering Burma through the Pangsau Pass on Stilwell Road at Border Post 173. (Photo: kazkapades/Flickr)
The ‘reopening’ of the Stilwell Road, as it were, has come to occupy news space with renewed vigour in the past few of years. The road finds its inception at Ledo Road in Assam, through Nampong and Pangsau Pass in Arunachal Pradesh (the latter is the international border point) through Bhamo and Myitkina in Kachin State of Myanmar, to Kunming in China’s Yunnan Province. The largest section of this currently dysfunctional route lies in Myanmar (1,033 km), a 61 km stretch traverses India and the remaining 632 km passes through China. It must be noted that this road was operational only during the period of World War II, during which time it was used as a military supply line. It lay redundant after this, as it does to this day. » More