Wars

Paul Krugman has an interesting piece on why we fight wars. The analysis on Putin sounds on target: the macho guy is set on exerting his influence not by economic means but via military prowess. But I think his take on China left something to be desired: China's main focus remains to be on economic growth. There is much to be gained on economic reform and trade. Not much on military actions, even against Japan. There is a crucial difference between China and Russia, and between China and Japan. China has never in her long history invaded a sovereign country in order to occupy and annex. Russia and Japan are different stories.

Jim Chanos Interview

Avoiding the Middle Income Trap: the case of South Korea


China risks middle income trap