NPQ

Today's date:

Summer 1998

• POST GLOBALIZATION

• COMMENTARIES 2001-2007

• MADE IN CHINA

• THE TWO SOULS OF TURKEY

• THE NEW GLOBAL CINEMA

• MAKING GLOBALIZATION WORK

• DE-GLOBALIZE THE JIHAD

• THE THIRD WAVE'S THIRD WAY

• PLANET OF SLUMS

• THE GLOBAL IDEOLOGY
OF FEAR

• THE OTHER

• POST-NATIONAL
LITERATURE

• COLLAPSE OR MASSIVE
CHANGE?

• THE RISE AND FALL OF
AMERICA'S SOFT POWER

• THE SCIENTIFIC IMAGINATION

• PUBLIC DIPLOMACY

• THE HEADSCARF CONTROVERSY

• SCULPTURE AND THE
NEW SCIENCE

• BIOTECH AND THE
NEW BABEL

• WAR THROUGH THE
BACK DOOR

• ANTIAMERICANISM

• THE RISING SOFT POWER
OF CHINA & INDIA

• THE BUSH DOCTRINE

• FAIRNESS IN A FRAGILE
WORLD

• AMERICA'S MIGHT

• ISLAM IN THE 21ST CENTURY

• ANTIGLOBOS

• HOT PEACE

• MODUS VIVENDI

• LOOKING NORTH

• FROM WELL HAVING TO
WELL BEING

• POST-HUMAN HISTORY

• GLOBAPHOBIA

• THE GLOBAL MIND

• AFTER KOSOVO

• FROM VIETNAM TO KOSOVO

• DEGLOBALIZATION?

• THE RISE OF THE MEDIA-
INDUSTRIAL COMPLEX

• BOOM [NUCLEAR] AND
[BUST] ECONOMIC IN ASIA

• BEYOND CAPITALISM

• ASIAN CRISIS

• CHINA: THE ASIAN
RENAISSANCE

• SLOW IS BEAUTIFUL

• ECLIPSE OF THE BIG
PICTURE

• AFTER THE END OF
HISTORY

• THE EAST IS RED AGAIN

• HALF-A-HEGEMON

• THIRD WAVE TERRORISM

• HEIMAT

• Fall 1987

• Winter 1987

• Spring 1986

• Fall-Winter '84-'85

• Spring 1984

Time for Expansion, Not Punishment of Asian Economies

Jean-Michel Severino is the director of the East Asia department of the World Bank.

Washington - Bicycle taxis are back on the streets of Jakarta, creating jobs and saving fuel. Japan, the powerhouse of Asia's rapid economic expansion in the 1970s, 1980s, and 1990s, has announced its first recession in a generation. Thailand and Korea are confronting the shock of rising unemployment - even homelessness - and receiving injections of cash from the international community as they seek to restore stability to their battered economies.

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