Still sick and gloomy, now rebellious

Article Abstract:

Thailand, South Korea and Indonesia face serious economic problems, and their difficulties have spread to other emerging markets. Indonesian children sleep in the street, some South Koreans have put children in orphanages, and Thai farmers are seeking debt relief. The three countries are using tight monetary policies and other measures prescribed by the International Monetary Fund (IMF), which do not appear to be helping. Critics argue that the IMF helps protect foreign creditors and the domestic rich, and more people in these countries are taking the critics seriously.

South Korea, Economic aspects, International Monetary Fund, International relations, Indonesia

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Russia muscles in: arms trade

Article Abstract:

Russians are racing the Western nations to sell arms to Asian countries for economic rather than political reasons. In 1993 Malaysia announced that it plans to purchase 18 Mig-29 aircraft from Russia. Other countries, such as Thailand, may soon follow.

Russia, Malaysia, Military policy, Russian foreign relations, Weapons industry

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Trick or treat? China and South-East Asia

Article Abstract:

Southeast Asian nations want to view the rapidly growing China as an economic partner rather than a competitor or a threat. Singapore and Malaysia have already made investment deals and others will follow. China's superpower ambitions remain a worry.

China, Asia, International economic relations, Chinese foreign relations, Asia, Southeastern

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