KUALA LUMPUR -- It is right to criticize Indonesia for the forest fires that cast a suffocating haze across Southeast Asia this summer and fall. But this is a regional problem. Indonesia can't do it alone. ASEAN and the world must step forward and take action, before Southeast Asia is lost in the haze forever.
LONDON -- The main determinants of an emerging economy's ability actually to emerge, sustainably, are politics, policy and all that is meant by the institutions of governance. More precisely, although countries can ride waves of growth and exploit commodity cycles despite having dysfunctional political institutions, the real test comes when times turn less favorable and a country needs to change course.
Decades into reform, this is finally where the Communist Party rubber hits the capitalist road and a restless public connected by social networks. The nemesis undoing its capacity to stem volatility and maintain stability through traditional hierarchical control is the democratization of information.