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How do you measure how well a country is doing? The most obvious way is to look at trends in its Gross Domestic Product (GDP). The IMF defines the term as “the monetary value of final goods and services – that is, those that are bought by the final user – produced in a country in a given period of time”. But it has become so ubiquitous as a rough and ready synonym for “what a country earned in one year” that it barely needs to be explained. Looking too much at GDP, however, may be a mistake. Governments that concentrate overly on GDP do so at their peril, as Vasuki Shastry, author of a provocatively titled new book ....
What the Asian Thought-Leadership Mafia Gets Wrong May 06 2021, 6:36 AM May 03 2021, 4:00 AM May 06 2021, 6:36 AM (Bloomberg Opinion) Asia is the future of the world economy! The growth is so impressive, the opportunities so marvelous! If I had five Indonesian rupiah for every time an executive or investor has asserted these sentiments, I could retire in comfort tomorrow. (Bloomberg Opinion) Asia is the future of the world economy! The growth is so impressive, the opportunities so marvelous! If I had five Indonesian rupiah for every time an executive or investor has asserted these sentiments, I could retire in comfort tomorrow. While this view has some truth, it misses important shifts in business and politics. Indeed, increases in gross domestic product the past several decades have been impressive. The pace of expansion has slowed since the 1990s, however, and never fully recovered from the financial crisis that struck Asia in the latt ....
Myanmar s street protesters need the world s help to restore democracy Four weeks after he deposed Myanmar’s democratically elected government, General Min Aung Hlaing must be getting that sinking feeling. His carefully orchestrated retirement plan (he was due to retire in July this year, before leading the coup on 1 February) has faced sustained protests from the street and international condemnation, even from vocal members of the normally staid Association of South-east Asian Nations (Asean). The general has also over-played the army’s tried-and-tested strategy of deploying brutal firepower. The protesters are not backing down, and the time has come for the international community to call the general’s bluff and insist on the restoration of the National League for Democracy’s (NLD) rightful claim to power. ....
Sanctions against the coup plotters aren’t enough – the US, China and south-east Asian nations should collaborate to help bring about change A protest against the military coup in Yangon, Myanmar, on Monday. Photograph: Aung Kyaw Htet/SOPA Images/Rex/Shutterstock A protest against the military coup in Yangon, Myanmar, on Monday. Photograph: Aung Kyaw Htet/SOPA Images/Rex/Shutterstock Tue 9 Mar 2021 07.58 EST Last modified on Tue 9 Mar 2021 13.27 EST Four weeks after he deposed Myanmar’s democratically elected government, General Min Aung Hlaing must be getting that sinking feeling. His carefully orchestrated retirement plan (he was due to retire in July this year, before leading the coup on 1 February) has faced sustained protests from the street and international condemnation, even from vocal members of the normally staid Association of South-east Asian Nations (Asean). The general has also over-played the army’s tried-and-tested strategy of deploy ....
Myanmar's street protesters need the world's help to restore democracy msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.