Meeting Emerging Security Challenges
Russia has overwhelming reasons to join the World Trade Organization early. For Russia, the timing of its accession is more important than the exact conditions. The later Russia joins, the more cumbersome the demands will be and the greater the social cost.
The soon-to-be members of the EU are to be congratulated but a new divide has emerged to their east. Until now, the EU has been so preoccupied with its enlargement that it has had little time to look further east. It must now face up to its responsibility and focus on what it can do. The EU's goal should be to integrate the post-Soviet economies for mutual economic benefit and political stability.
Yasheng Huang, author of recently released Selling China: Foreign Direct Investment During the Reform Era, argued that surging levels of FDI are signs of weaknesses and inefficiencies in China's economy and banking system.