I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy.

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Milton Friedman

A major source of objection to a free economy is precisely that group thinks they ought to want. Underlying most arguments against the free market is a lack of belief in freedom itself.

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Trade-cycle

In a competitive market
National economy rolls like a wheel
In economics it is called trade-cycle

From economic recovery to boom
To slump to recovery to boom
Is a common phenomenon
In a competitive market

The boom does not last long
Because
The demand for products and services
Is limited in all countries

That’s why
The governments have a vital role to play
Especially during boom

The governments should monitor
And control industrial development
As much as possible
With a view to reduce labor cut
During slump
And they should hinder
Harmful investment
For the economy
During boom

Moreover
They should provide guidelines
For the entrepreneurs
During recovery
So that suitable investments
For the economy take place

In this way
A country can achieve its goal
Without going through
Economic hard times

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If we have major geographic areas within our continent that have a tremendous lack of economic opportunity, we found that that is going to produce instability _ economic, political and social.

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Asian

Asian this.
Asian that.
Being Asian taking the front seat.
After being in the back!

And I am glad!
I've been 'aging' for years...
And finally...
We are getting some attention!

'I believe the topic is the economy! '

Exactly!
That's my point.
I'm on a fixed budget!


Dedicated To:
All my Asian brothers and sisters.
I respect your gifts, brilliance...
and devotion to humanity.
One Love! '
~LSP~

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When you look at the state of the economy right now, you have to set a priority. And my top priority is the deficit of jobs and economic growth, and especially this perception that the United States could be falling behind especially Asian economies.

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Economic Development

Economic development is the precondition of higher living standard
Therefore we should focus on economic development at first

We know infrastructural development is a must
For economic development of any country
So the government should go for it in the first place
And if necessary they should go for partnership with private entrepreneurs

Now it’s an open market economy
If we want to take off to the sky of prosperity
We need to utilize our own resources including manpower

We need to figure out our competitive advantages
Because it’s not a hard task for us in the information era

Now-a-days tourism is a lucrative sector for any government
Because we are living in the time of globalization

Protectionism is now a history
That’s why
The role of commercial banks and other financial institutions
Is more pivotal than ever

They should provide loan to the industrialists
In such a manner and style
So that the latter can import cutting-edge tech
In order to survive in the fierce competition of open market

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So in Asia I want to make - I want to succeed to make a model of what success, practicing democracy, and market economy. Then that will give a good influence over Asian countries.

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Esther Dyson

Having seen a non-market economy, I suddenly understood much better what I liked about a market economy.

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But the system of prices ruling the market not only transmits information in the light of which economic agents can mutually adjust their actions, it also provides them with an incentive to exercise economy in terms of money.

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So if North Korea continues present isolation, then with such economic difficulties the North Korean government must meet a very serious situation in the future.

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The globalization of the capital market is actually part of economic globalization. This will create a change in the entire world economy, not just restricted to some fields in some countries.

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Let me say again that the relationship is asymmetrical: there's no democracy without a market economy, but you can have a market economy without democracy.

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Recent economic data shows that our economy is robust, growing and headed in the right direction. The numbers don't lie. Americans are currently enjoying falling gas prices, low unemployment, increased job creation, and a stock market that has reached an all-time high.

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We have the most flexible and adaptive economy. Making sure we sustain the ability of the American economy to perform well is really the priority of economic policy.

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Japan's inexplicable lack of response to even consider a move to re-open their market to U.S. beef will sorely tempt economic trade action against Japan.

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My claim is that we do not have a market economy, but a capitalist economy.

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Our theme for this year's festivities, Dreams and Challenges of Asian Pacific Americans, speaks to the many generations of Asian Pacific Americans who worked hard to overcome economic hardship, racism and other barriers in their pursuit of the American dream.

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The European model is, first, a social and economic system founded on the role of the market, for no computer in the world can process information better than the market.

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Our view is that economic isolationism is the wrong way to go. Vibrant, successful growing economies that advance the interests of their citizens engage the global economy. And, we're committed to engaging the global economy.

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Tax reform and expanded trade are going to be so important to the economy of Illinois, particularly the 11th Congressional District, which is a major manufacturing and a major agricultural district.

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