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Showing posts with the label the world

India and China

The ancient civilizations of India and China dominated much of the world for a couple of thousand years. They continue to have about a third of the world's population between them. After a bad couple of centuries, they are once again asserting themselves on the world scene. In today's New York times, Nobellist Amartya Sen laments that India is lagging behind China economically, and offers a diagnosis. This lag is something of a rebuke to democracy, since India is democratic and China authoritarian, but Sen says that's not the problem. The hope that India might overtake China one day in economic growth now seems a distant one. But that comparison is not what should worry Indians most. The far greater gap between India and China is in the provision of essential public services — a failing that depresses living standards and is a persistent drag on growth. Inequality is high in both countries, but China has done far more than India to raise life expectancy, expand genera...

Die-No-Might

So a scruffy looking guy walks into the diner, opens up his red and black plaid jacket, and reveals several sticks of dynamite strapped to his chest. He holds up his hand to show the spring loaded detonator, walks over to the counter, picks up the salt shaker and throws it, hitting the waiter. "Give me a cup of coffee," he says, "and one of those cinnamon thingies." It seems like a small price to pay, so the staff accomodates him. Unfortunately, he moves into a booth and starts tinkering to build a more powerful bomb - a nuke - while continuing to be obnoxious and extorting free food. Such is the situation South Korea finds itself in. At the moment, the crazy guy's capability is pretty much limited to blowing up Korea, but he has his sights on the world, and Japan, at least, is very much at risk. If the South, and the world, fail to respond, the bad behavior will continue and likely escalate, if world history is any guide, and any response risks catastrophe. At ...