In The News

Ven Sreenivasan June 9, 2003
As the implementation date of the Asean Free Trade Area (AFTA) approaches, the automotive industry in Southeast Asia has started adjusting to new policies and regulations, in anticipation of the changes to come once AFTA is in place. Due to its position as a transportation hub and a strong supplier base, plus its excellent service infrastructure and good intellectual property protection,...
J. Bradford Delong June 9, 2003
Ever since the September 11 attacks, questions about the backwardness of Islamic countries have acquired a new urgency. In this article, economist J. Bradford Delong tries to answer what factors may have contributed to the bad economies of the Islamic world. He first cites the case history of the Industrial Revolution – how the Revolution touched almost all parts of the world but the Islamic...
Andrew Ward June 9, 2003
US undersecretary of state for arms control, John Bolton, told the media last week that the Bush administration was discussing with its allies a possible naval blockade on North Korea, mainly in order to cut off its weapon exports. It is very possible that this measure, if adopted, will also halt the export of other illegal products such as drugs. Since weapons technology and illegal exports have...
Saul Hansell June 9, 2003
After the U.S. Defense Intelligence Agency announced that they would create a deck of playing cards with the names and photos of the top Iraqi leaders to be distributed to border guards, Internet marketing companies all rushed to get reproduction rights. One company, GreatUSAflags.com, along with its partner Lionstone International, sold 1.5 million decks via email within a matter of days,...
Raymond Bonner June 8, 2003
Thai Prime Minister Thaksin Shinawatra has been keeping his assistance to the US anti-terrorist effort private, fearing retaliation from terrorists and the impact of a public avowal on a tourist industry already suffering because of SARS and a bombing in Bali last year. Nevertheless, Thailand has been instrumental to the US anti-terrorism effort, providing interrogation facilities, the use of...
Edward Wong June 7, 2003
In the midst of a slowing US economy, companies such as Avtel that provide storage and maintenance facilities for airlines, are doing lucrative business. In fact, the amount of business airlines do with a company like Avtel is a good way to gauge both the failing airline industry's health and the remaining strength of individual airlines. Indeed, post September 11 declines in air travel and...
David Tresilian June 6, 2003
The recent G-8 meeting in Evian, France attracted particular attention because it was the first time leaders of the west met after the U.S. war on Iraq. Also, in an effort to widen the scope of dialogue, for the first time, leaders from some developing countries were invited to attend the summit. Although the original agenda included major global issues such as access to water, the fight against...