Schlagwort: Asian Tigers
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Socialism Today: Tiger Economic Meltdown Threatens World Recession
[Socialism Today, No 25, February 1998, p. 2-4] „Large numbers of supposedly well-informed experts completely failed to warn of the fragility of the East Asian economic region until after the event. I find this unforgivable”. Hamish Mckae, The Independent, 13 January, 1998. „All the classic symptoms of an impending economic crisis are visible … After…
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Socialism Today: East Asian Market Tremors – End of the Cycle or End of Cycles?
[Socialism Today, No 22, October 1997, p. 2-4] East Asian Market Tremors – End of the Cycle or End of Cycles? All the classic symptoms of an impending economic crisis are visible. Wall Street jitters, volatility on world stock markets. The collapse of Thailand’s speculative boom, followed by helter-skelter devaluations of other South East Asian…
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Lynn Walsh: Heading For A Slump
[Socialism Today, No. 24, December 1997, p. 11-16] The world economic situation of capitalism has changed dramatically in a few weeks. Until recently, capitalist commentators presented glowing reports on its health. But now the illusion of a ’new paradigm‘, a renaissance of ‚free market‘ capitalism, is being shattered, as the world economy heads for a…
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Lynn Walsh: Tigers Fight Back
[Socialism Today, No. 16, March 1997, p. 7] Workers in the unregulated, low-wage industries of the Asian Tigers are beginning to fight back. Alarm bells began to ring in the boardrooms of the big Japanese and other multi-nationals at the end of last year, when enraged workers at the Sanyo Universal Electric Company in Bangkok…