China Also Has a Dream to Pursue

THE world has entered the era of the knowledge economy and, as the key strategic resource for national development, talent is playing an increasingly vital role. For example, today, the use of computers to create wealth and value signals a major change in mankind’s mode of working. Wealth and value were first created from the soil, then in factories, later in banks and now via the Internet and computers. This marks significant human progress.     

Toward Olympics 2008: China's development in the reform period

Owen Bennett-Jones presents ‘Newshour’ and ‘The Interview’ for BBC World Service Radio. He has reported from all over the world and was the BBC Correspondent in Islamabad between 1998 and 2001. He is currently preparing a second edition of his book Pakistan: Eye of the Storm.     

Distributional effects of dollarisation: the Latin American case

Over the past two years Ecuador, El Salvador and Guatemala have adopted the US dollar as a legal currency in their countries. Several other Latin American countries, including Argentina, are currently discussing dollarisation. In this policy paper we look at the existing evidence for answers to two basic questions. First, under what general circumstances might dollarisation make sense? Second, are there clearly differentiated winners and losers from dollarisation and, if so, can we identify them, so that policy can take these political economy factors into consideration? Our review of the evidence demonstrates that there are consistent patterns of distributional effects, both positive and negative, from the choice of exchange rate regime. These effects are presently not considered in exchange rate policy decision making, but should be. While the effects are not as pronounced as those from major trade liberalisation agreements, they are significant. Ways to cushion the effects of exchange rate regime choice should be considered in the future by policy makers. Moreover, we find that dollarisation is embedded in the politics of the region. Dollarisation is often sold as a substitute for the deeper institutional reforms needed to improve economic performance and distribution in Latin America.     

Theater Missile Defense and Japanese Nuclear Weapons

Abstract

The development of a joint US-Japan theater missile defense system could have significant ramifications beyond the defense of Japan and of American forces in the region. A growing debate within Japan on its international security position, the spread of weapons of mass destruction, and questions about the role of the United States in the region conspire to create conditions for significant changes in Japan's conception of its security status and its long‐term political-military calculations. By upgrading Japan's strategic responsibilities, theater missile defense could inadvertently induce a reassessment of many of its national security policies, perhaps even the decision to forego nuclear weapons.     

韩国大学录取制度改革分析

韩国大学录取经过从大学单独考试到统考与校考相结合、大修能力考试与高中成绩相结合、考试分数等级与中学手册相结合等一系列改革，形成了多元录取、多样方法、多层管理的大学录取管理体制。韩国逐步建立起来的日臻科学、完善、健全的大学录取制度，使各大学充分享有录取新生的自主权，为我国高校自主招生改革可提供很多有益启示。     

At work in the temple of science: theory-building in the university

This paper develops a metaphor that shows academia as a temple of science where acolytes and priests devote themselves to building and developing an arcane lore that supports their faith. Though a somewhat strained metaphor, its heuristic value will become clearer when illustrated by lessons drawn from the sociology of knowledge. Through these lessons, I will attempt to demonstrate that the university setting has inexorably influenced the theories that have developed there, particularly in contributing to the perception of a gap between theory and practice that an applied, problem-solving field such as public administration can ill afford.