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Mass Poverty in Asia: The Impact of the Global Financial Crisis

Reviewed by Peter McCawley
(http://www.lowyinstitute.org)

June 2009

Much attention is currently being paid to what has become known as the GFC – the Global Financial Crisis. But many who work on the economics of international development issues believe that there are two major global crises – not just one. There is the GFC, which is a high-profile short- and medium-term financial crisis that broke out in rich countries towards the end of 2007 – but there is also the longerterm enduring crisis of mass poverty and widespread unemployment and underemployment in poor countries.

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Indonesia's Democratic Choices

Reviewed by Dr. Marcus Mietzner
(http://www.lowyinstitute.org)

May 2009

Indonesia's parliamentary elections in April underlined just how far democracy has come in the world's fourth most populous country and Australia's closest Asian neighbour. The campaign itself and the ballot box results also provide some clear signals about the future shape and health of Indonesia's democratic system.

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China: International Imbalances

Reviewed by Stephen Grenville
(http://www.lowyinstitute.org)

May 2009

Stephen Grenville of the Lowy Institute examines China and its effect on the global financial crisis. He argues that there is a need to put in place better financial infrastructure to link countries with surplus savings with the countries that have the best opportunities to use these savings.

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Australia's Foreign Investment Regime

Reviewed by Andrew Shearer and Mark Thirlwell
(http://www.lowyinstitute.org)

February 2009

Andrew Shearer and Mark Thirlwell of the Lowy Institute examine the politics and economics of Australia's foreign investment regime and conclude that it will be able to manage the influx of Chinese money. They argue, however, that some further liberalization is warranted.

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War Criminals Living in Australia

Reviewed by Fergus Hanson
(http://www.lowyinstitute.org)

February 2009

Fergus Hanson, research associate at the Lowy Institute, explains that Australia has unintentionally become home to a significant population of suspected war criminals. Border screening processes were strengthened in 2002-03, but more needs to be done.

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China and the Global Financial Crisis

Reviewed by Christopher A. McNally
(http://www.eastwestcenter.org)

December 2008

Christopher A. McNally, fellow at the East-West Center, explains that "China's financial institutions have largely escaped the global credit contagion because of capital account controls and limited exposure to global financial markets. But China's high export dependency and status as the world's premier manufacturing platform create vulnerabilities as Americans and Europeans drastically reduce consumption."

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Mongolia's Cloudy Future

Reviewed by Alphonse F. La Porta
(http://www.eastwestcenter.org)

November 2008

The post-election strife of July 1, 2008 shocked the Mongolian nation and sobered its leading politicians. The new government found itself in perilous waters, plagued with allegations of election tampering, country-wide economic woes, and internal political division. Four months after this shaky start, re-elected Prime Minister S. Bayar of the Mongolian People’s Revolutionary Party (MPRP) began prosecuting those responsible for the July 1 mob action which destroyed the headquarters of the MPRP.

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A Competitive Manufacturing Sector

Reviewed by Rajiv Kumar and Abhijit Sen Gupta
(http://www.icrier.org)

March 2008

The Indian Council for Research on International Economic Relations contributes information about the growth of India's economy.

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Challenges Lie Ahead for Rudd

Reviewed by the East-West Center (http://www.eastwestcenter.org/)

The East-West Center, a hub for cooperative research, education, and dialogue on critical issues of common concern to the Asia Pacific region, contributes this look at what the future holds for Australia under the leadership of Kevin Rudd.

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