Geography Archives: Asia

  Nelida Fuccaro.  Histories of City and State in the Persian Gulf: Manama since 1800.  Cambridge: Cambridge University Press, 2009.  xvi + 257 pp.  $99.00 (cloth), ISBN 978-0-521-51435-4. In many ways, the city of Manama (now the capital of Bahrain) shares affinities with other Gulf city-states.  Like Dubai, Kuwait, and Muscat, the port city drew […]

There is only one message that comes out of Toronto, where the G20 summit has come to an end.  The formation, ostensibly created to reflect changing power equations in the world economy, serves no purpose.  It has turned out to be one more talking shop in which agreement to disagree is presented as a consensus. […]

Earlier this month, after the United Nations Security Council authorized new multilateral sanctions against the Islamic Republic by adopting Resolution 1929, the member states of the European Union (EU) approved guidelines for expanding European sanctions against Iran.  Any new sanctions that the EU might apply against Iran on the basis of the new guidelines must […]

Under the Gold Standard the values of different currencies were fixed in terms of gold, which meant that the exchange rates between those currencies were fixed.  Exchange rate movements therefore could not be used to enlarge net exports and hence domestic employment.  At the same time governments were committed to the principle of “sound finance”, […]

What on earth are they thinking?  In the midst of an almost unprecedented and continuous increase in the price of necessities, which is increasingly translating into generalised inflation, the UPA government has chosen to “free” the price of petroleum products, to bring them in line with international prices.  What this translates into is a significant […]

  Martin Wolf described it as “a bloodbath.”  The Financial Times editorial called it a “chilling read.”  Britain’s budget is one of austerity, the likes of which has not been seen in generations.  A 25 per cent cut in public spending; a quarter of a million or more public sector jobs to be slashed.  It […]

BP, the company responsible for what is already the worst single-source environmental catastrophe in U.S. history, is the largest corporation in Britain, fourth largest in the world, and the world’s third largest energy company.  Over the course of its 100-year history, this company has caused a number of environmental and workplace disasters. But the harm […]

That seems to be the main point of Robert Samuelson’s column today.  It might be a bit easier with a bit more careful thought. For example, Samuelson tells readers that the debt burdens of major countries are rapidly approaching “financial and psychological limits” that prevent further fiscal stimulus.  He then cites the 92 percent debt […]

  This month, the United Nations Security Council (UNSC) passed a resolution to tighten sanctions on Iran, imposing a ban on arms sales and expanding a freeze on assets of the Islamic Revolutionary Guards Corps in response to the country’s uranium-enrichment activities, which Tehran says are for peaceful purposes but other countries contend are driven […]

  Two weeks ago, the 10th Shanghai Cooperation Organization (SCO) Council summit, held in Tashkent, Uzbekistan, approved the SCO Rules of Procedure and the regulation on procedure for future membership expansion. Before the summit, Chinese diplomats ritually pointed out that approval of the admission regulations was the first step in forming the basis for a […]

Maziar Behrooz.  Rebels with a Cause: The Failure of the Left in Iran.  I.B. Tauris, 2000. The role of the left in the Iranian Revolution is complicated, what Frederic Jameson and Slavoj Žižek would call the ‘vanishing mediator’ of the event.  The fact that at their peak Iranian Marxists commanded the loyalty of millions, and […]

The text below is an excerpt from “Imperialism and the Gulf War,” which was first published as the “Review of the Month” of the April 1991 issue of Monthly Review (42.11).  While the exact character of the Iraqi Ba’ath Party state is certainly debatable (“lack of government corruption”? — only relatively so in comparison to […]

  What the group around Khomeini succeeded in doing was to unite behind it a wide section of the middle class — both the traditional petty bourgeoisie based in the bazaar and many of the first generation of the new middle class — in a struggle to control the hierarchies of power.  The secret of […]

Everyone is talking about China’s currency, it seems.  Amidst months of building tension, there is an apparent consensus among most economists, the financial press, and leading economic policy makers in the West that the renminbi is hugely undervalued, making China’s exports unfairly competitive.  The global imbalances created by such ‘mercantilist’ and ‘protectionist’ exchange rate strategies, […]

Russia’s Iran Policy Since the end of the Cold War and the demise of the Soviet Union, the Islamic Republic has worked hard to cultivate a strategic partnership with post-Soviet Russia.  Of course, for many Iranians, there is heavy historical “baggage” attached to relations with Russia/the Soviet Union.  But, from an Iranian perspective, Russia is […]

In terms of the total system, these [the dominant classes in the most advanced capitalist countries] are the classes which have the power of initiative: they are, so to speak, the independent variables.  The behavior of other classes — including the subordinate classes in the dominant countries as well as both the dominant and the […]

  Despite what the experts of barefoot diplomacy1 never stop repeating, there is nothing even remotely anti-American in the Brazilian position on Iran: our motives, unlike those of the bullying trio (USA, France, United Kingdom), are clear, transparent and openly stated several times. We support the peaceful development of nuclear energy.  We do not believe […]

  To: Mr. Manmohan Singh, Prime Minister of India; Mr. Naveen Patnaik, Chief Minister of Orissa; Mr. Jairam Ramesh, Minister of State (Independent Charge) for Environment and Forests; Ms. Sonia Gandhi, Chairperson of the National Advisory Council We write to express our concern at several violations of legal process in the approval of the POSCO […]

The global financial crisis that began in 2007 was clearly about money, credit, and finance.  For mainstream economists and politicians — from neoliberals like John B. Taylor at Stanford and Tony Abbott, through pragmatists like Barack Obama and Australian prime minister Kevin Rudd, to Keynesians and social democrats like Paul Krugman at Princeton and John […]

To: Business Editor The New York Times I appreciate your detailed reporting on Chinese unions and workers vs. Japanese employers, but I write to ask whether that use of your resources is the cause of your ignoring similar union stories here at home. For example, I can find no coverage in the Times of the […]