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Geography Archives: South Korea

An AfPak Star over Central Asia

United States AfPak special representative Richard Holbrooke enjoys a fabulous reputation, no matter the current prospects of the Afghan war.  The Eurasian space knew him as a potential Nobel winner who evicted Russia from the Balkans.  The world at large expects him to take over if and when Secretary of State Hillary Clinton steps down […]

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The Crisis and Employment in Asia

Ever since the global financial and economic crisis broke, the International Labour Organisation (ILO) has been regularly tracking its impact on the level and quality of employment.  In January 2009, the ILO (International Labour Office 2009) indicated that, under alternate scenarios, global unemployment could increase by between 18 million and 51 million people worldwide from […]

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Colored Revolutions in Colored Lenses: A Comparative Analysis of U.S. and Russian Press Coverage of Political Movements in Ukraine, Belarus, and Uzbekistan

  This study compared The New York Times‘ and The Moscow Times‘ coverage of the political movements in three former Soviet republics.  Data analysis revealed a clear pro-movement pattern in The New York Times’ reporting.  The U.S. newspaper used more pro-movement sources than pro-incumbent sources.  Overall, The New York Times depicted the protesters favorably and […]

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The Impact of the Crisis on Women in Developing Asia

Introduction: As developing Asia is the most “globalised” region of the world in terms of both trade flows and financial flows, it was expected that the global crisis would adversely affect the region.  However, while the impact has indeed been strong, Gross Domestic Product (GDP) growth has, as of yet, not been negative; rather, the […]

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IMF: Back from the Dead

The International Monetary Fund (IMF) has definitely had a very good crisis.  Just over a year ago, it was an institution on life support: ignored by most developing countries; derided for its failure to predict most crises in emerging markets and its often counterproductive responses to such crises; even called to book by its auditors […]

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A New Role for the IMF?

Rescued from a state of near-irrelevance by the world recession and an infusion of hundreds of billions of dollars (mostly from the U.S., Europe, and Japan), the International Monetary Fund (IMF) is now thinking of expanding its role into previously uncharted territory.  In Istanbul for the fall meetings of the IMF, Managing Director Dominique Strauss-Kahn […]

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Obama Plays Medvedev against Putin and Iran

“Medvedev-watching” graduated from pure science to applied science during the four-day visit by Russian President Dmitry Medvedev to New York and Pittsburgh last week. The Western perception that the famous Prime Minister Vladimir Putin-Medvedev “tandem” in Moscow would inevitably transform and the Russian president would incrementally create his own power center in the Kremlin received […]

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Myths about the U.S. Economic Model

The Great Recession is allowing some widely held beliefs about the U.S. economy — which were the source of much evangelism over the last few decades — to run up against a reality check.  This is to be expected, since the United States has been the epicenter of the storm of policy blunders that caused […]

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Petroleum and Energy Policy in Iran

  Iran, a major oil producing and exporting country, also imports gasoline because of inadequate refining capacity and rising petrol consumption.  This article examines the problems faced by an economy dependent on the export of crude oil and gas that are compounded by the dilemmas of rising domestic consumption, a significant decline in productive capacity, […]

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The End of Chimerica?

Like the star gazers who last week watched the longest total solar eclipse of the 21st century, diplomatic observers had a field day watching the penumbra of big power politics involving the United States, Russia and China, which constitutes one of the crucial phenomena of 21st-century world politics. It all began with United States Vice […]

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Iran’s “Leftist” Don Quixotes

  In the 1970s, when Iran’s Fedayeen and Mojahedin1 groups were engaged in an urban guerrilla struggle against the former Shah’s dictatorial regime, a faction of the Iranian Student Association (ISA) in the United States called Ehyaa2 had managed to convince some in the US Left, in particular America’s Revolutionary Communist Party (RCP), that a […]

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North Korea: “Sanity” at the Brink

Nations that chart a self-defining course, seeking to use their land, labor, natural resources, and markets as they see fit, free from the smothering embrace of the US corporate global order, frequently become a target of defamation.  Their leaders often have their moral sanity called into question by US officials and US media, as has […]

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Indonesia: Tough Times for Returning Labor Migrants

JAKARTA, 14 May 2009 (IRIN) — For Risti Ariyani, the dream of working abroad and helping her family is over. Her contract with a computer components factory in Malaysia was abruptly cancelled because of the global financial crisis, leaving her no choice but to return home to Central Jaffa Province. “My family was counting on […]

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Africa: Tractored Out by “Land Grabs”?

JOHANNESBURG, 11 May 2009 (IRIN) — Rich countries and firms are leasing or buying massive tracts of land in developing nations for the production of food or biofuel.  An area equivalent to Germany’s farmed land is at stake, and tens of billions of dollars on offer.  On the plus side, agro-industrial production could develop underused […]

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Deconstructing Labor: What Is “New” in Contemporary Capitalism and Economic Policies: a Marxian-Kaleckian Perspective

Paper presented at the Congrès Marx International V, Paris-Sorbonne et Nanterre, October 2007 1.  Introduction About a decade ago the radical left, both in Italy and elsewhere in Europe, had been gripped by an understanding of contemporary capitalism as based on a three-pronged tendency: ‘globalization’ as an already accomplished state, the ‘end of labor’ due […]

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