One Person's Guide to Kristof and WuDunn's, Thunder from the East Essay by Top Papers

One Person's Guide to Kristof and WuDunn's, Thunder from the East
The following paper will argue that Nicholas D. Kristof's and Sheryl WuDunn's, Thunder from the East, is an excellent exposition of how the Asian Financial Crisis of the late-1990s changed most Asian nations profoundly - and in ways which will permit ...
# 138132 | 1,750 words | 1 source | MLA | 2008 | US
Published on Dec 01, 2008 in Business (Actuarial Science) , Asian Studies (General)


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The following paper will argue that Nicholas D. Kristof's and Sheryl WuDunn's, Thunder from the East, is an excellent exposition of how the Asian Financial Crisis of the late-1990s changed most Asian nations profoundly - and in ways which will permit them, collectively, to take over the world within a few more generations. To begin the discussion, I will take time to identify what I perceive as the two most important challenges that confronted East Asia in the 1990s - an antiquated economic and financial system and a corrupt and slothful political culture - and the positive and negative impact of the crisis upon the resolution of these challenges by the Asian people and their political masters. In particular, it will be put forward that the crisis spawned a new appreciation for free-market economics, for the rule of law, and also compelled Asian financial leaders to open up their institutions to western expertise and to western ideas. As for the political side of things, it seems as though the political system is gradually becoming more responsive, less driven by a secretive coterie, and less susceptible to the conflicts of interest that caused so much trouble a decade ago. Last of all, some time will be devoted to the favourable opinion of Kristof and WuDunn when it comes to the future of Asia - and why this writer is not so favourably predisposed. In the final analysis, hope is a wonderful thing - but there are too many factors which can cause trouble at any moment for one to believe that Asia is automatically guaranteed a seat at the head of the table by the middle of this century.

From the Paper:

One Person's Guide to Kristof and WuDunn's, Thunder from the East The following paper will argue that Nicholas D. Kristof's and Sheryl WuDunn's, Thunder from the East, is an excellent exposition of how the Asian Financial Crisis of the late-1990s changed most Asian nations profoundly - and in ways which will permit them, collectively, to take over the world within a few more generations. To begin the discussion, I will take time to identify what I perceive as the two most important challenges that confronted East Asia in the 1990s - an antiquated economic and financial system and a corrupt and slothful political culture - and the positive and negative impact of the crisis upon the resolution of

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One Person's Guide to Kristof and WuDunn's, Thunder from the East (2008, December 01) Retrieved May 25, 2019, from https://www.academon.com/essay/one-person-guide-to-kristof-and-wudunn-thunder-from-the-east-138132/

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