Carnegie Endowment for International Peace
- Follow Carnegie
- Search
- Global Resources
Global Centers
Languages
Across Asia, in fact, the financial crisis, which started a decade ago this month with the collapse of Thailand's currency, seems like a long time ago. Asia has once again resumed its longtime role as tiger of the global economy; the Asian Development Bank projects that East Asia will grow by 8 percent this year. In five of the nations hit hardest by the crisis, average incomes now equal or top 1997 levels, and all of the major Asian countries sit upon significant piles of currency reserves, determined to prevent a repeat of 1997, when the Thai treasury essentially ran bare. Asia has begun developing its own financial architecture, including a free trade agreement between China and ten Southeast Asian nations, and a series of currency swaps that might set the stage for a region-wide version of the International Monetary Fund.
The widespread belief that negotiators must reach a deal soon in order to save the Doha Round and prevent irreparable harm to world trade and the WTO itself is not accurate. It will take great time and effort to bridge the wide gaps that still exist in the agriculture and manufacturing talks, but the final result is well worth the wait.
India's Minister of Commerce & Industry Kamal Nath discussed the development issues at the core of the Doha Round and the latest events in the negotiations. He presented India's perspective on the agricultural, non-agricultural (NAMA) and services negotiations. Carnegie's Sandra Polaski moderated the discussion.
The Carnegie Endowment for International Peace, in conjunction with the International Policy Council, held a discussion on the 2007 Farm Bill and its likely impact on developing countries. Carnegie's Sandra Polaski moderated.
Over the last five years, China has laid the groundwork to become an international power. It has done so not only with high-level diplomacy but also through the tools of soft power: aid, investment, culture and skilled diplomacy. This charm offensive has proved remarkably successful. But as some countries try to model China's success, it may backfire.
On June 23, 2007, the Carnegie Middle East Center and Al-Ahram Center for Political and Strategic Studies held a workshop on the challenge of economic reform in Egypt. The presenters were Othman Mohamed Othman, Minister of Economic Development, Sufyan Alissa, Carnegie Endowment Middle East Center Associate, Ragui Assaad, Population Council, and Sherine El Shawarby, World Bank.
This talk included Bernard Chan and Stephen Cheung with Carnegie Endowment’s Vice President for Studies, Mark Medish, as moderator. C.Y. Leung joined for the Q&A period.
The story of the U.S. relationship with Uzbekistan is a sad one, characterized by misunderstandings and miscues on both sides.
Recent high-level meetings between Putin and Central Asian leaders and the conclusion of several deals that seem to give Russia more power over the latter’s oil and gas have catapulted Russian-Central Asian relations back into the spotlight, and cast them as amicable.
Stay connected to the Global Think Tank with Carnegie's smartphone app for Android and iOS devices