Asias dark side threatens economic miracle
Billions of Asias poor including India are faring even worse in terms of health and education, a problem that could eventually undermine the regions economic miracle, the Asian Development Bank warned on Monday.
The Philippines-based bank called for targetted intervention by governments with programmes for the poorest fifth of each countrys populations that yield substantial results.
The report, measuring policy effectiveness in health and education, concluded that many Asia-Pacific countries would be unable to meet UN Millennium Development Goals (MDGs) targets for universal primary school enrollment and a two-thirds cut in child mortality rates.
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India will turn Asia's film-trading hub soon: Bobby Bedi
Panaji, Nov. 24 (UNI): India is poised to become the potential film trading hub for Asia within three years even as its earning through film marketing continues to rise, netting substantial foreign exchange.
Disclosing this to UNI on the eve of the 36th International Film Festival of India (IFFI), on the sidelines of a conference on 'India-The Big Pictuire' under the aegis of the Confederation of Indian Industry (CII) here on Wednesday, Confederation's National Entertainment Committee Chairman, Bobby Bedi, said the country's earnings had risen by 170 per cent over last year
ADB: Emerging East Asia's growth to pick up
BEIJING, Dec. 19 (Xinhuanet) -- The Asian Development Bank (ADB) said Monday East Asia's economic growth is expected to pick up next year, helped by a turnaround in the global demand for IT products, a recovery in Japan's domestic demand, and continued strong growth in China.
Gross domestic product (GDP) growth in 2006 for East Asia -- defined as the 10 ASEAN member countries plus China and the Republic of Korea -- will average 7.2 percent, slightly more than estimates of 7.1 percent for 2005, according to
Japan's rising but Asia's economic gains must wait
Japan's emergence from more than a decade of stagnation could mean greater demand for its neighbors' exports, more Japanese investment in the rest of the region and stronger Asian currencies.
But people are not holding their breath and expecting Japan to give a sudden boost to Asian growth.
Economists say it could take years for income levels in Japan to rise to levels that will translate into big demand for Asian goods or for Japanese capitalists to invest with vigor in Asia. All it may mean in the near term is some extra investment in
Asia Stocks Rise Most in 2 Years on Bernankes Economic Outlook
Asian stocks rose the most in two years, mirroring gains in the U.S., after Federal Reserve Chairman Ben S. Bernanke said the worlds largest economy can withstand rising energy costs.
Honda Motor Co., Samsung Electronics Co. and Infosys Technologies Ltd. advanced after gauges of manufacturing in the U.S., Asias biggest export market, exceeded expectations.
Its a good chance to buy, said Takashi Kamiya, who oversees $16 billion as chief strategist T&D Asset Management Co. in Tokyo. Concerns about inflation may have been a bit overblown and the economic indicators
Saving Central Asia from Uzbekistan
To the list of the world's most self-destructively repressive regimes we should add one name that is too often overlooked: Uzbekistan. Like North Korea or Zimbabwe, Uzbekistan suffers under a brutal authoritarian system that not only impoverishes and commits massive abuses against its own citizens, but also threatens to spread violent instability to its neighbors.
The international community needs to develop new strategies to prepare for such a potential meltdown in Central Asia
True, Uzbekistan represents no direct security threat to Europe or the United States, and the government in Tashkent is not at risk
