Thursday 12 March 2009


TALE OF TWO ASIAS
Unlike Cambodia and China, the sub-continent hasn't managed to rise above its old conflicts

Barun Roy

Business Standard, March 12, 2009

Unlike countries like Cambodia and China, the sub-continent hasn't managed to rise above its old conflicts.

The beginning, last month, in Cambodia, of a process to bring former Khmer Rouge leaders to trial for their role in a reign of genocide in the 1970s that left at least 1.7 million people dead, is meant to formally close a chapter of Cambodian history that nobody wants to remember.

Cambodia has outlived its fractious past and is moving convincingly towards a future of common economic well-being with the rest of Southeast Asia. Vietnam, once a hated intruder, is no longer an enemy, and friendly relations with Thailand, Laos, and China have produced a surge in investments, tourism, and trade. Growth averaged 9.4 per cent annually through the last decade and per capita GDP doubled between 1998 and 2007.

Two things have made Cambodia’s current economic success possible: Peace and political stability. Just the two things that are behind Vietnam’s success, too, whose political tolerance and economic realism, setting aside decades of bloody ideological enmities, have surprised the entire world and paved the way for the emergence of Asia’s next China.

(...) [artículo aquí]

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