Asian Crisis Essays (298 words) - Economy Of Asia, Asia, Economy

Asian Crisis The continuing Asian economic crisis that began in mid-1997 ranks as Asia's second biggest event since World War II. The crisis suddenly halted the region's unprecedented three decades of rapid economic growth. Within Asia itself, the crisis has had not only serious domestic social, political, and economic impact, it has affected intra- and extraregional international relations, as well as intellectual and policy discourse. At the same time, the crisis has almost incompatibly, spawned the deepest uncertainty yet among Asian government and business leaders and the public at large about the wisdom of following the universalistic (but really Western, especially American-propagated) capitalist doctrine of free markets, private enterprise, international openness and political democratization as the most secure path to economic prosperity and social well-being. There is now more or less an agreement that the domestic origins of the Asian crisis lay in macroeconomic imbalances, structural deficiencies in financial sectors, and shortcomings in political and corporate governance. Some or all of these problems were more severe in the countries most affected-Thailand, Korea, Indonesia, Malaysia-than in those that were relatively unscathed-Philippines, Singapore, Taiwan. A year ago, at a Corporate Conference organized by the Asia Society in Hong Kong, a multinational Eminent Persons Group delivered a report, Asia at the Crossroads: The Path Ahead. In that report, the assembled experts concluded that provided the needed changes are put into place, the Countries of East and Southeast Asia should emerge from the crisis better positioned to improve the lives of their citizens and to contribute to international stability and prosperity. I hope that the situation will change. On January 8, 1999, the ASIAN Secretariat issued a press release about the Second Meeting of ASIAN Heads of Statistical Offices, held in Bali on January 5-6. Economics Essays

Free Essays on Catcher in the rye- Total Summary

The Catcher in the Rye Holden Caulfield, the narrator of The Catcher in the Rye, begins with the novel with an authoritative statement that he does not intent for the novel to serve as his life story. Currently in psychiatric care, this teenager recalls what happened to him last Christmas, the story which forms the narrative basis for the novel. At the beginning of his story, Holden is a student at Pencey Prep School, a boarding school in rural Pennsylvania; he is an irresponsible and immature boy. Having been expelled for failing four out of his five classes, Holden goes to see Mr. Spencer, his History teacher, before he leaves Pencey. Mr. Spencer advises him that he must realize that "life is a game" and one should "play it according to the rules," but the sixteen year old, who has already left four private schools, dismisses much of what Spencer says. Holden returns to his dormitory where he finds Robert Ackley, an obnoxious student with a terrible complexion who will not leave Holden alone, and Ward Stradlater, Holden's roommate. Stradlater is conceited and arrogant, a secret slob' who asks Holden to write an English composition for him. Stradlater prepares for a date. He happens to mention that his date, Jane Gallagher, knows Holden. Holden remembers Jane quite well: he spent a whole summer with her the year before (their families have neighboring summer houses in Maine). Stradlater suggests that Holden go downstairs and say hello - she is waiting for Stradlater downstairs. Holden, however, declines, although he thinks about her and considers calling her throughout the book. Holden however goes with Ackley and Mal Brossard into New York City to see a movie. When he returns, Holden writes the composition for Stradlater about his younger brother’s baseball mitt. Holden tells about how Allie, the youngest member of his fam ily, died of leukemia several years before and how he broke all of the windows in his garage out of ange... Free Essays on Catcher in the rye- Total Summary Free Essays on Catcher in the rye- Total Summary The Catcher in the Rye Holden Caulfield, the narrator of The Catcher in the Rye, begins with the novel with an authoritative statement that he does not intent for the novel to serve as his life story. Currently in psychiatric care, this teenager recalls what happened to him last Christmas, the story which forms the narrative basis for the novel. At the beginning of his story, Holden is a student at Pencey Prep School, a boarding school in rural Pennsylvania; he is an irresponsible and immature boy. Having been expelled for failing four out of his five classes, Holden goes to see Mr. Spencer, his History teacher, before he leaves Pencey. Mr. Spencer advises him that he must realize that "life is a game" and one should "play it according to the rules," but the sixteen year old, who has already left four private schools, dismisses much of what Spencer says. Holden returns to his dormitory where he finds Robert Ackley, an obnoxious student with a terrible complexion who will not leave Holden alone, and Ward Stradlater, Holden's roommate. Stradlater is conceited and arrogant, a secret slob' who asks Holden to write an English composition for him. Stradlater prepares for a date. He happens to mention that his date, Jane Gallagher, knows Holden. Holden remembers Jane quite well: he spent a whole summer with her the year before (their families have neighboring summer houses in Maine). Stradlater suggests that Holden go downstairs and say hello - she is waiting for Stradlater downstairs. Holden, however, declines, although he thinks about her and considers calling her throughout the book. Holden however goes with Ackley and Mal Brossard into New York City to see a movie. When he returns, Holden writes the composition for Stradlater about his younger brother’s baseball mitt. Holden tells about how Allie, the youngest member of his fam ily, died of leukemia several years before and how he broke all of the windows in his garage out of ange...