Economic Development

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BosGlobe: Let's Not Lose Afghanistan Again

Author: Tom Lantos

In the aftermath of Al Qaeda's September 11th, 2001 terrorist attacks, the United States and other international forces prioritized a plan to secure democracy in Afghanistan. After the fall of the ruling Taliban, Afghanistan has a freely elected president and parliament, a national army, and a foundation for economic development. However, a resurgent Taliban and a burgeoning production of opium threatens the momentum of progress towards a stable Afghanistan. Attacks have increased within the country, compromising plans for the withdrawal of U.S. troops. In order to execute a successful withdrawal of U.S. troops and sustain Afghan stability, economic growth and endurance is integral. If economic growth is jeopardized, a resurgent Taliban abates any U.S. counter-terrorist initiatives; at the same time, Afghanistan has the ability and the urgency to set a productive example in the Islamic world. The U.S. must reconfigure their role in the developmental stages of an auspicious Afghanistan.

See more in Afghanistan, Middle East, Democracy Promotion, Economic Development, Peacekeeping, Terrorism

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The Nation: China's Internal Crisis

Author: Stephen Glain

Beneath China's outward show of economic strength is an economic, social and environmental upheaval has turned the country into a caldron. For now at least, the Chinese regime is a greater threat to its own population, unmoored and angry, than it is to the United States or even its neighbors.

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World Bank: Financial Markets in a New Age of Oil

The World Bank released a report on what countries in the Middle East are planning to do with revenue streams, steming from the oil boom in the 1970's and 1980's: Oil producers are using revenue to pay down debt, build up substantial savings, and set up oil stabilization funds. However, the report notes that this windfall has not translated to some of the more resource-poor economies in the area, such as Lebanon and Morocco.

See more in Middle East, Economic Development

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China's Economic Problems [And Ours]

China's Economic Problems [And Ours]. David Dollar. The Milken Institute Review, 3d quarter 2005.

China has been a star in the development fi rmament for two decades, managing the largest reduction in poverty in human history and transforming the country into an economic power to be reckoned with. Even if growth slows somewhat – as one would expect when the easy ways to raise productivity are exhausted – it is likely to emerge in the next few decades as both the world’s largest economy and largest trading nation. But China’s transition to a mature economy supporting a high standard of living for its citizens is not a sure thing.

See more in China, Economic Development