In 1980 China was an economic basket case, trying desperately to climb out of the Cultural Revolution hole. 30 years later, China is now the world’s presumptive second largest economy. One man Deng Xiaoping changed the course of China. By … Read More
Daily Archives: February 10, 2011
The global garment industry has always been politicized. However, in the past the politics was limited to trade — countries trying to protect their own export markets or their own domestic suppliers. Recently, the rules of the game have changed … Read More
There is a growing consensus among industry professionals, academics, governments, and international institutions that corruption is the greatest impediment to economic development.
Frankly, I would go further. I believe corruption to be the only impediment to economic development. There is … Read More
As a rule, we project the future by looking at the past. We gather data from previous years; try to find a trend and extend that trend into the future. This is not bad way to work, but very occasionally … Read More