Wednesday, January 31, 2007

Environmental Issues: the Problem-Solver and the Troublemaker

SINGAPORE GOOD
When the topic turned to the environment during lecture, my first thought went to Singapore. Last quarter, it was in Kishore's book where I learned that Singapore has the highest biodiversity of any country in the world(?) -- I have yet to verify this claim; it sounds too good to be true (Singapore isn't that big...), but I also trust facts that coming from Kishore, a respectable scholar!


Whether or not Singapore has the highest biodiversity in the world, the question of how the "nanny state" nutures environmental awareness and protection is a legitimate question. Judging by the article on how Singapore dealt with SARS by providing its citizenry with more information, Singapore might also be doing a capable job protecting the environment. Perhaps Singapore takes the same approach to the environment as it does to public health -- equipping its people with useful and, in fact, empowering information, like on this site:
http://www.nea.gov.sg/cms/sei/International.html


Since 1994, the Singapore Environment Institute (SEI) has been educating government officials and business people not only from Singapore but also from other countries. They offer courses like "Solid Waste Management," "Public Education," and "Air Pollution Control." Singapore, as a leader in implementing science and technology to achieve its goals -- environmental and otherwise -- is an ideal source of education for neighboring countries.

Therefore, even though this site isn't a typical news source, it has practical, comprehensive listings of evironmental development courses and events featurings a meeting of minds on the ecological issues of the day. "To-date, more than 500 officials from over 50 countries had benefited from our environmental training programmes," the site says. For journalists and other professionals, the SEI site is an invaluable resource. Singapore, as a leader in implementing science and technology to achieve its goals, environmental and otherwise, uses Internet to disseminate information about its government-initiated, developmental programs.

SINGAPORE BAD
For the fact that the United Nations is supposed to be a catalyst for information, collaboration, and change, I thought that the UNEP website would be a great resource.
http://www.unepapac.org/

I was wrong. I went to the Asia Pacific UNEP website, and to my dismay, I found only a lot of talk (mission statement, etc.) and a list of awards and sponsors but no concrete resources, unlike the SEI site with information on courses and conferences. The only useful piece of information I gathered from the site was some vague information on a youth initiative called UNEP Youth Advisory Council (YAC), "a group of 12 youth leaders (2 per region) elected biennially at UNEP's Global Youth Retreat. The Council works closely with UNEP on environmental issues, UNEP decision making processes, and UNEP programme development...[and] act as ambassadors for the environmental conscience of young people world wide."


CHINA GOOD

http://www.wilsoncenter.org/index.cfm?topic_id=1421&fuseaction=topics.item&news_id=216812#englishtopic_id=1421&fuseaction=topics.item&news_id=216812#englishm?topic_id=1421&fuseaction=topics.item&news_id=216812#english

The Woodrow Wilson Center website is an excellent source of news on China's environmental issues. We know that as a respectable think tank, the links are also from credible sources. For example, I found a substantial and analytical article from China Daily on whether China had the option of polluting first, and then treating its pollution (as Western countries like the U.S. have done).

One source says definitely no. "Firstly, when China started its industrialization and modernization drive in the late 20th century, the developed Western countries had already completed their primitive capital accumulation and established a series of international rules in their favor. Under such circumstances, it is impossible for China to transfer its cost of pollution to the rest of the world."

"Secondly, the population-environment structure in China is different, so we cannot blindly copy the Western model to pay attention to environment issues only after the country has achieved a per capita GDP of $8,000. China may already be facing a severe environment situation when its per capita GDP reaches $2,000," said Pan Yue, vice-minister of the State Environmental Protection Administration (SEPA). Hence the severity of the impending energy crisis due to worldwide neglect.

Most of the articles listed on the Woodrow Wilson site are from the China Daily. I'm surprised at the quality of reporting from China Daily under an authoritarian media system. I'm also pleased that the article (above) contains relatively sensible, realistic reporting on the environmental challenges that lay ahead of China.







CHINA GOOD #2

Because China is suddenly (and intensely) on the forefront of U.S. concerns about environment and energy sources, I was able to find more good rather than bad sources on China. One that would augment Woodrow Wilson Center and China Daily's sites is the U.S. government's Energy Information Administration.
http://www.eia.doe.gov/emeu/cabs/chinaenv.html



Before delving into day-to-day news updates on China's environmental issues, it would help to get some concrete statistics and background, for example, that "China's share of world carbon emissions is expected to increase in coming years, reaching 17.8% by 2025." Not a staggering statistic, but more likely accurate than some overblown shocker published in many an environmental nonprofit's glossy brochure. This site also provides useful information about China's politics regarding environmental protection: "China is a non-Annex I country under the United Nations Framework Convention on Climate Change, meaning it has not agreed to binding emissions reductions in the Kyoto Protocol, which it ratified in August 2002" -- a detail to keep in mind when trying to reach some understanding of the complex issue of interntational environmental preservation.

Wednesday, January 24, 2007

North Korea the next Asian economic tiger?




Can you believe it? Trade between South Korea and China now exceeds trade between Korean and U.S.!

...What about North Korea?

WORST: The worst website for economic and business news on N. Korea is simply the government's own official website. It looks more basic than a 7th grader's school project! The website won't even let me cut and paste text -- what? Is that on purpose, because they know the text on their website doesn't make sense and they don't want people to easily replicate content in order to make fun of it? Now I'm going to have to manually re-type their propaganda, soon to come below.
http://www.korea-dpr.com/

BEST #1: Interestingly enough, the same website is simultaneously the best source of N. Korean business news. Allow me to explain. Since some of gathering information from media sources involves reading between the lines, the website is great at showing (demonstrating through its juvenile, unsophisticated contact and formate) how stagnant -- really nonexistent -- N. Korean economic development and business are. In other words, it's a joke(!) because:


1. It contains non-truths. I won't call them "lies" for the sake of unbiased commentary (don't want to knee-jerk react!), but the site states that "only a few people in the world know that Korea is divided by a big concrete wall in the Parallel 38 that was built by the United States when the Korean War was finished." Prof. Tom knows this, I know this, and the guy sitting next to me know this; I think the website is truly deluding itself. (Although since many Americans are so ignorant of geography and international relations, the N. Koreans do have somewhat of a point.)

2. It contains silly links. "Korean trade" contains links to souvenir purchase sites: "KFA webshop," "DPRK souvenirs," and "KFA shop e-business" all link to the same site featuring posters and other memorabilia. These are three of the four links under "Korean trade." Does not provide any helpful information about the country's economy; maybe accurately portrays DPR Korea, because there is indeed nothing going on there?

3. The business section is also unsatisfying. The link express that the government is open to mutually beneficial joint ventures and "company brochures." It gives an example of a "fiparam (whistle) car" produced as a joint venture with Pyonghwa Motors, and doesn't explain its significance. The link to patents is equally unimpressive, featuring the "multi-compass" (from what I can tell from an unintelligible description, sounds like an advanced, high-tech version of a kid's drawing) and instrument) and "toothed wheel auto gearbox adapted without step" ("this device has distinguished characteristics than others" and interacts "dinamically."

BEST #2: But to be fair, because the government website is so uninformative, making me feel like there was really nothing happening in N. Korea, that I was surprised to find other sources on N. Korea that are incredibly interesting. That is, I found out there are people investing in N. Korea?
http://news.bbc.co.uk/2/hi/business/3558283.stm

The author's tone in the article subtly expresses the same incredulity that I am feeling right now!

"Roger Barrett says North Korea is the next Asian tiger... 'Got any nuclear weapons for sale?' is the response Briton Roger Barrett usually gets when he tells people at Beijing cocktail parties that he invests in North Korea."

In fact: "It's like China in the eighties... The market reforms are very evident. It's an exciting time to join the market," he says.

This article is extremely helpful to businesspeople -- after all, you want to be the first to get into the market, not a late bandwagoner. That's where the profits are!

Here's more: "An Austrian company is reportedly buying pianos from the North Koreans, a French television station uses North Korean artists to produce cartoons, while a Singapore-based firm is developing forestry and tourism."

For the lack of information on NK, this kind of reporting is admirable. Perhaps NK is worth some attention. Think about it: lack of information about NK means that we know conditions are definitely dire on one hand, but on the other hand, we also don't find out about about improvements.

The DPRK News Bulletin is where I'd go to next, which is recommended in the above article. It's Roger Barrett's, who recently opened a branch of his consultancy firm, Korea Business Consultants in Pyongyang, started this publication: N. Korea's ONLY business publication!

Wednesday, January 17, 2007

Best and Worst of Business Economic News in Taiwan and Malaysia


Taiwan Worst
http://www.chinapost.com.tw/business/

It is true that there are media sources that are both obscure and quality, but if I were in a pinch for news about business in Taiwan (and because Taiwan is still a relatively obscure little island to the rest of the world; Americans still confuse it with "Thailand"!), I'd go straight (strait, haha!) to the source. I was first linked to China Post via a Google search on "Taiwan economic" and found, surprise surprise, an article on how "China should learn from Taiwan's democratic experience and not fear that chaos might follow should Beijing embrace radical political reform," said the most senior official jailed over the 1989 Tiananmen protests: Bao Tong, once a top aide to then Communist Party chief Zhao Ziyang, obviously a biased guy with his biased views magnified in a Taiwanese newspaper.

The reporter fails at giving good reason for Tong's views against China's strict controls.
"There's absolutely no rationale for them to fear chaos would ensue" should China let there be full and free elections, he said, which is an easy assumption to make when you're not the government that would have to deal with 1.2bn unhappy people if such chaos did break out. There is no way to tell what might happen if the Communist government fully relaxed its grip.

"There was no chaos in 1989," he added. "Even Beijing's petty thieves stopped stealing." Now I don't know this for sure -- I wasn't there, but the fact that the reporter had to color the description -- "said Bao, his voice choking with emotion" -- make me think that not only is Bao biased (which would be okay; it's clear to any reasonable reader that he might be biased, and his bias is contained in quotes) but that the reporter is also infusing further slant into the story.

But what could we expect from a Taiwanese paper? Therefore, if you're looking for unbiased analysis of Taiwan's economic system compared to China's, the China Post is a bad bet.

Taiwan Best
http://www.chinapost.com.tw/business/
Still, while in Greece, do as the Greek do...or something. That is, China Post is still the leading English-language newspaper in daily readership and editorial content, so if you're doing business in Taiwan, better check it out. They amply covered Taiwanese businesses, for example: China Airlines and EVA Airways Corp., Taiwan's two largest carriers, had their ratings upgraded to "outperform" from "neutral" at Credit Suisse Group due to lower fuel prices. Although I had learned about fuel prices dropping in the United States, my media sources had not mentioned anything about Taiwanese companies. The shares climbed. "China Airlines may report a profit of NT$1 billion for the fourth quarter of 2006, better than market expectations": NT $1bn isn't that impressive by U.S. standards if converted to a dollar amount; nevertheless, news about Eva Air, a major Taiwanese carrier, still remains important to the Taiwanese markets.

Minor irritation, but very unprofessional: differently-colored keywords in the articles link to online retail sites like Ebay instead of stock prices or further information. The website could be less commercial and more useful.

Conclusion: Still an important first step to finding out about Taiwan business/economic news.

Malaysia Best
http://www.malaysiasun.com/
In Comm 183, I had been surprised by the professionalism displayed by some of the newspapers and magazines Prof. Tom brought in to show-and-tell. The Sun was one of them. I'd bet they'd have interesting, compelling economic news. First story that came up linked me to The Peninsula Qatar:
http://www.thepeninsulaqatar.com/Display_news.asp?section=World_News&subsection=Rest+of+the+World&month=January2007&file=World_News200701172548.xml
I'm not as interested in Malaysia as I am in Taiwan, though I did fing the nation to be much more interesting after Comm 183 (the more I know, the more I want to know! Hilariously, we found out from lecture that they hate the successful Chinese and actually enact affirmative action for the majority Malays).So The Sun does an excellent job in featuring articles that really picque my interest: [former Malaysian deputy premier] Anwar demands probe into corrupt $900bn Russian jet deal, saying it was "blatantly corrupt". Excellent! This guy was finance minister before being sacked and jailed in 1998; the article also mentioned useful background information -- that Malaysia had lost 31.3 billion ringgit ($8.9bn) in foreign exchange speculation in the 1990s. "The allegations are the latest from the one-time heir apparent to former premier Mahathir Mohamad who is launching himself back onto the Malaysian political scene ahead of general elections due to be held by 2009."

So this not only uncovers possible corruption, but it comes from the mouth of someone who was sacked and jailed, meaning someone in the present government wants to shut him up, meaning that it's great that the media is picking this up, meaning that Malaysia is indeed on it's way to have a rigorous, developmental system! Also, very timely if Anwar is heir apparent to former premier Mahathir, who is trying to get reelected in 2009. Economic news relevant to the whole direction of the country!

Malaysia Worst
The Singapore National News Agency's layout is visually unappealing. The front page consists of all text and no images. The headlines are not attention-grabbing. For example "Illegal Logging Not An Issue In FTA Talks With US: Anifah" and "PM: Govt Will Always Safeguard Nation's Interest In FTA Negotiations" are bland at best. (Perhaps we shouldn't expect too much from a governmental statutory body "set up by an Act of Parliament in 1967." The front page looks both empty and cluttered at the same time. Is that possible? Yes, apparently; the site seems empty of juicy articles and features, but cluttered with very basic links in garish colors. Furthermore, though the website is a legitimate extension of the goverment, it somehow looks commercial. The "Top Business Story" is encased in a box that makes it look like an Internet banner advertisement, which makes me want to immediately navigate away from the page in search of a site more stimulating.
www.bernama.com.my/bernama/v3/business.php