Why Growth Matters

In its history since Independence, India has seen widely different economic experiments: from Jawharlal Nehru’s pragmatism to the rigid state socialism of Indira Gandhi to the brisk liberalization of the 1990s. So which strategy best addresses India’s greatest moral challenge: lifting a great number of extremely poor people out of poverty?  Jagdish Bhagwati and Arvind Panagariya argue  that the only strategy that will help the poor is economic growth.

Overbooked: The Exploding Business of Travel and Tourism

Since the middle of the 1990s, international tourism has taken a great leap, the number reaching one billion in 2012. Elizabeth Becker, a veteran reporter who covered the Indochina War for The Washington Post and later became a correspondent for The New York Times, explores how this “invisible” tourist industry exploded. From eco-tourism to medical tourism, backpacking to mega cruise liner visits, the tourist industry has transformed the travel scene, bringing revenues, creating jobs and at the same destroying nature and traditional culture that are national heritage.

Global Politics

The Great Convergence: Asia, the West, and the Logic of One World

The world is slowly eliminating poverty and seeing a rising middle class, which along with education and technology, brings an unprecedented convergence of interests, cultures and standards. Kishore Mahbubani is the dean of Lee Kuan Yew School of Public Policy, NUS, and in his book he urges countries to abandon inefficient national policies and agree on a fair system of global governance with rule of law. As he notes in the conclusion to his book, the global information revolution exposes hypocrisy and lack of fairness.

China Goes Global: The Partial Power

China is a fast-rising power, but there are many forms that global influence can take, ranging from hard forms that focus on international security to soft forms that emphasize amenable trade, culture, education, innovation and more. With the world’s largest population and strong economic growth, the country is formidable. In modernizing, China has pursued power in its many dimensions, yet except for a few areas still absorbs more influence than releasing it, and hence the subtitle for David Shambaugh’s book to be published in February 2013, China Goes Global: The Partial Power.

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