Sunday 24/11/2024, 14:05:50
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15/11/2004 10:52:55 am
The World Gets Better, Part III. According to a new study from the World Bank, the number of poor people in East and Southeast Asia has decreased by 250 million during the last five years. This is due to decades of very high growth, which is the direct result of a free economic system and globalisation. Growth is estimated to continue to be high, 7 % this year and 5,9 % in 2005. Growth in China will be comparably low next year; 7,8 %. (Tha fact that this is considered low says a lot about the previous years.) Where are the globalisation critics now? Where are those who complain about free trade and big business?
Read more about "East Asia Update" - >
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