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IF WHAT CHANG IS RIGHT? China Brief, October 25, 2001 : China.Jamestown.Org China Brief Volume 1, Issue 8 October 25, 2001 June Teufel Dreyer: What if Chang is right? Robert Sutter: The Chinese regime will endure Gordon G. Chang: China's critical moment Willy Wo-Lap Lam: Defining terrorism WHAT IF CHANG IS RIGHT? By June Teufel Dreyer [For this issue China Brief is pleased to offer a debate on Gordon Chang's recent book "The Coming Collapse of China" (Random House, 2001). In his book Chang offers alarming analysis of China's economic and social weakness and the inability of the Communit Party to solve its myriad problems. Chang makes the startling prediction that China's Communist regime could collapse of its own weigh in five or ten years. In this issue Dr. June Dreyer asks what if Chang is correct, while Dr. Bob Sutter argues that predictions of China's demise are premature. Gordon Chang offers a reply.] In this engagingly written and cogently argued book, attorney Gordon Chang argues that the government of the Chinese Communist Party will fall, probably within the next five years and certainly within ten. Although conventional wisdom is more likely to predict that the People's Republic of China (PRC) will become the superpower of the 21st century than a failed state, it could happen. THE WHYS OF "WHAT IF" If the citizenry does rise up and topple the Communist Party from power, it is likely to be for the reasons Chang suggests: The party is simultaneously suppressing cultists, democracy activists, ethnic separatists, aggrieved workers and peasants, and others. In their manic insistence on stability, party leaders are preventing the changes that could save their government and their legacy. Meanwhile, corruption permeates all sectors of society. High offices can be bought, as well as membership in the party, admission to the educational institution of one's choice, and even the court verdict one desires. Officials eat, drink, and make merry at ordinary taxpayers' expense. PRC founding father Mao Zedong once sought to defend himself against criticism that his measures were too harsh by retorting that "A revolution is not a dinner party." Now, Chang observes tartly, the revolution has become a dinner party. Average citizens are not able to participate, except in the sense that they pay the bill. The news gets worse: The state-owned banks that contain over 90 percent of the deposits in the PRC are hopelessly insolvent. This is well known to economists, but apparently not to the people who regularly entrust their savings to these institutions. What happens, Chang wonders, when their bankrupt condition becomes widely known. The last straw that breaks the dragon's back is apt to be China's entry into the World Trade Organization. Subsidies that support inefficient sectors of society will have to cease. WTO regulations on transparency in accounting procedures will expose the scope of corruption and mismanagement. The People's Liberation Army, says Chang, is unlikely to shoot people whose only crime is to demand their life savings back, even if there are hundreds of thousands of them. YIN AS WELL AS YANG No simple prophet of doom and gloom, Chang sees positive forces as well: As internet usage grows, it becomes harder and harder for party and government to suppress news they would prefer that citizens of the PRC not know about. And the youth of China are becoming more like young people elsewhere: unwilling to tailor their aspirations to conform to the officially-sanctioned party line of the moment. No government, says Chang, can defy the laws of gravity indefinitely, nor can it withstand the will of all of its people. He cites acquaintances who have come to the United States to study: Their young son is Americanized and does not want to go back to China. Should the communist party be replaced, however, the prospect of return will not seem so dismal. Little Jason will have hope. If Chang is right and the Communist Party does fall, life for the average Chinese could, however, become very difficult. Although the communist party does many things poorly, it has been quite successful at preventing any alternate form of organization from emerging. Indeed, this is the principal reason that the official reaction to Falun Gong was so strongly negative. The movement's ability to bring, undetected, over 10,000 followers into central Beijing on the eve of the tenth anniversary of the Tiananmen demonstrations terrified the leadership. The movement's explanation that it is an association of practitioners of qigong breathing exercises with no political agenda rang hollow as the party elite contemplated the organizational apparatus that made possible the appearance of so many members. After more than two years of vicious suppression, Falungong is in retreat, though it has probably not been defeated. The same is true of democracy advocates, proponents of Tibetan independence, Islamic militants and disgruntled workers. These groups have little in common except dislike of the current regime. Were they to succeed in toppling the party from power, it is difficult to imagine that they could form a viable organizational apparatus replace to it. Indeed, their views contradict one another's. One cannot imagine that Muslim fundamentalists would be comfortable with the sort of government that democracy activists favor. Moreover, for all their devotion to free elections and an unfettered press, most democracy activists are Han chauvinists who recoil at the notion of a separate Tibetan state. THE BLANK SHEET OF PAPER In describing his plan for China, the young Mao Zedong compared his country to a blank sheet of paper. Since it had no blotches, the newest most beautiful words could be printed on it. This is catchy rhetoric, but one must remember that Mao's words were not an accurate description of reality. Even a war-weary country with a nearly demolished infrastructure retains its cultural characteristics to a significant degree and China, possessing the world's oldest continuous civilization, was no exception. In order to rid his country of the scourge of traditional culture, Mao resorted to the most devastating acts of cruelty. Those who owned land-affluent peasants, capitalists and even entrepreneurs-were struggled against. Many were tortured to death in the effort to erase vestiges of the old society. A few years later, when it seemed as if the country was progressing too slowly, Mao introduced the Great Leap Forward, a disastrous effort to plunge the People's Republic into pure communism. Many millions more died, most from famine and malnutrition-related diseases. In the wake of the Leap, survival became paramount, and the party's social controls were relaxed. Gambling, "superstition"-that is, religion-economically-motivated marriages and clan power returned. A horrified Mao compared China to a train that was rushing in the wrong direction, back toward the culture he so despised and which he felt was holding China back. In consequence, he launched the Great Proletarian Cultural Revolution to irreparably reverse its course. The result was yet another devastating human tragedy. Millions died, not from famine, but from persecution by their neighbors or by marauding groups of Red Guards who believed that they were actualizing the ideals of the revolution and its supreme leader. Post-Mao China has no supreme leader. The elite-perhaps one should not call them leaders-makes no attempt to suppress the old culture unless it directly impinges on their power and privileges. Indeed, when the old culture can promote tourism and therefore bring in foreign exchange, it is actively cultivated. A recently built mausoleum in pseudo-Mongolian style adorns the spot where Chinggis [Genghis] Khan is almost certainly not buried, there are bogus Confucian ceremonies in the sage's home town, and veritable human zoos purport to showcase traditional minority nationality cultures. Even secret societies, which brought about the downfall of more than one dynasty, can be cooperated with in return for suitable contributions to officials' bank accounts. The sale of public offices, the bane of many a dynasty, has returned as well. Ironically, in light of his well-documented cruelties, people express nostalgia for the days of Mao. The communist party's fault may lie less in its flawed ideals than in its inability to resist a return to the less attractive attributes of traditional China. Were the party to be overthrown as Chang predicts, the country would be likely to return to the sheet of loose sand that Sun Yat-sen deplored. Its critics will not have the communist party to kick around any more. But after it is gone, many people will regret the party's absence. They will not miss the party that they toppled from power so much as the party with ideals that they put in power in 1949. Post-communist leaders may be no better than the old ones, and might even be worse. If Chang is right, little Jason may not actually have hope after all. June Teufel Dreyer is a professor of political science at the University of Miami. China Brief is a publication of the Jamestown Foundation, a private nonprofit organization. Neither the Jamestown Foundation nor China Brief receives funding or support from any government or government agency. The opinions expressed in it are solely those of the authors, and do not necessarily reflect the views of the Jamestown Foundation. If you have any questions regarding the content of China Brief, please contact us directly. If you would like information on subscribing to China Brief, or have any comments, suggestions or questions, please contact us by e-mail at court@jamestown.org, by fax at 301-562-8021, or by postal mail at The Jamestown Foundation, 4516 43rd Street NW, Washington, DC 20016. Unauthorized reproduction or redistribution of China Brief is strictly prohibited by law. Copyright (c) 1983-2003 The Jamestown Foundation. Jamestown is a nonprofit organization, not a government program. Without support from individuals and grantor foundations, Jamestown could not continue to operate. Please mail your tax-deductible contributions to: All material copyright 1983-2002 The Jamestown Foundation 4516 43rd Street NW Washington, DC 20016 202.483.8888 Contact webmaster@jamestown.org if you encounter problems.
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CHANG\'S REPLY: CHINA\'S CRITICAL MOMENT China Brief, October 25, 2001 : China.Jamestown.Org China Brief Volume 1, Issue 8 October 25, 2001 June Teufel Dreyer: What if Chang is right? Robert Sutter: The Chinese regime will endure Gordon G. Chang: Chi...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com October 29, 2001 Asian Economic Survey Counting Houses to Conglomerates China\'s woe-ridden banks are refurbishing themselves to face foreign rivals. But repaving Shanghai\'s Bund with gold won\'t be easy By KENNETH MCCALLUM SHANGHAI - On the th...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com October 29, 2001 Asian Economic Survey China\'s Gravitational Pull As its economy rises, Asia is being drawn into China\'s orbit. Will the region\'s planets line up harmoniously? By JASON BOOTH China is marching closer to becoming a global econo...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com October 29, 2001 Asian Economic Survey China\'s Gravitational Pull As its economy rises, Asia is being drawn into China\'s orbit. Will the region\'s planets line up harmoniously? By JASON BOOTH China is marching closer to becoming a global econo...
Chester >> ECO >> 343 (Fall, 2008)
China\'s Heir Apparent in Debut on the World Stage October 29, 2001 China\'s Heir Apparent in Debut on the World Stage By ERIK ECKHOLM EIJING, Oct. 28 It might seem like the most commonplace of diplomatic missions: the vice president of China touring ...
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WSJ.com October 29, 2001 Heard in Asia Despite Accepted Wisdom, China May Not Give Safety to Investors By PETER WONACOTT Staff Reporter of THE WALL STREET JOURNAL BEIJING - As a haven for investors, China may not be so safe. Even before the Sept. 11 ...
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WSJ.com October 29, 2001 Asian Economic Survey Home Sweet Home Growing home ownership in China is breeding bourgeois values. Should the government be satisfied or scared? By LESLIE CHANG BEIJING - Before she even sets foot inside her newly-purchased,...
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WSJ.com - China Article Search Advanced Search / Quotes Policy Editorial Page Leisure & Arts Voices Weekend...
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WSJ.com October 29, 2001 Asian Economic Survey Burn, Baby, Burn Privatizing China\'s cash hungry state-owned-enterprises was a red hot idea. Now the government\'s ardor is cooling fast By PETER WONACOTT BEIJING - Large-scale privatization in China, mea...
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WSJ.com October 31, 2001 Business and Finance - Asia Service Boom May Soften China\'s Export Downturn By PETER WONACOTT Staff Reporter of THE WALL STREET JOURNAL BEIJING - China, facing slumping exports, is seeing signs of a service-industry boom that...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com October 31, 2001 Heard in Asia China Telecom Revamping Worries AsiaInfo Holdings By MATT POTTINGER Staff Reporter of THE WALL STREET JOURNAL HONG KONG - Six months ago, Beijing decided it would embark on a major restructuring of its national ...
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WSJ.com November 6, 2001 Business and Finance - Asia Lack of Funding Hinders China\'s Welfare Overhaul By KARBY LEGGETT Staff Reporter of THE WALL STREET JOURNAL SHANGHAI, China - A bold new plan to overhaul China\'s social welfare system is running in...
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IHT Article Print Page Copyright 2001 The International Herald Tribune | www.iht.com Plea Ignored in China\'s \'Cancer Village\' Philip P. Pan Washington Post Service Tuesday, November 6, 2001 Stricken Hamlet Mobilizes Challenge to Beijing, but Achieve...
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China\'s Upbeat Governor in Tibet Promises Investment November 7, 2001 INTERNATIONAL China\'s Upbeat Governor in Tibet Promises Investment By ERIK ECKHOLM HASA, Tibet, Nov. 6 China\'s top official here said today that a determined influx of investment ...
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Economist.com China\'s economy Celebration, and concern Nov 8th 2001 | BEIJING From The Economist print edition Tough times, even as China prepares to join the WTO CHINA\'S state broadcaster won\'t break audience records with its four hours of live tel...
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The New Shanghai November 18, 2001 The New Shanghai By KATE WHEELER ou need more than luck in Shanghai,\' Rita Hayworth says darkly to Orson Welles in \'The Lady From Shanghai.\' As I drove in from Shanghai\'s four-year-old airport, the first sight of th...
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WSJ.com November 27, 2001 Business and Finance - Asia China Targets Local Laws To Meet Its WTO Pledges By PETER WONACOTT Staff Reporter of THE WALL STREET JOURNAL BEIJING - Just weeks before China becomes a full-fledged member of the World Trade Orga...
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IHT Article Print Page Copyright 2001 The International Herald Tribune | www.iht.com Mill Workers Are Left Behind as China\'s Economy Surges Erik Eckholm New York Times Service Tuesday, December 11, 2001 BAODING, China For more than three decades af...
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China, in Harsh Crackdown, Executes Muslim Separatists December 16, 2001 China, in Harsh Crackdown, Executes Muslim Separatists By CRAIG S. SMITH OTAN, China A crowd gathered in a sports stadium beneath a blue morning sky here in October to watch co...
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IHT Article Print Page Copyright 2001 The International Herald Tribune | www.iht.com IHT INSIGHT As China Rises, Some Ask: Will It Stumble? Thomas Crampton International Herald Tribune Tuesday, December 18, 2001 HONG KONG Behind the high walls of t...
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China\'s Efforts Against Crime Make No Dent Find a Job Post a Job Real Estate Automobiles All Classifieds International -Africa -Americas -Asia Pacific -Europe -Middle East National Politics Business Technology Science Health Sports New York Region E...
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WSJ.com December 27, 2001 International Commentary Remaking China\'s Giant Steel Industry By Jonathan R. Woetzl. Mr. Woetzl is a director in McKinsey\'s Shanghai office. This article is adapted from \"Remaking China\'s Giant Steel Industry\" in The McKins...
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IHT Article Print Page Copyright 2001 The International Herald Tribune | www.iht.com In a Yunnan Village, Disney and Shangri-La Daisann McLane New York Times Service Friday, December 28, 2001 KUNMING, China KUNMING, China, not Shangri-La, was the d...
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China Ends Labor Lawyer\'s Practice December 28, 2001 China Ends Labor Lawyer\'s Practice By THE ASSOCIATED PRESS Filed at 8:26 a.m. ET HONG KONG (AP) - A mainland Chinese lawyer who represents hundreds of workers dismembered in factory accidents said ...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com December 28, 2001 Heard in Asia Li\'s China Troubles May Infect Other Infrastructure Investors By PHILIP SEGAL Staff Reporter of THE WALL STREET JOURNAL HONG KONG - If Li Ka-shing has trouble making money in China, what hope is there for the r...
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WSJ.com January 2, 2002 Business and Finance - Asia China\'s Economy Feels Weight Of Weak Overseas Demand By PETER WONACOTT Staff Reporter of THE WALL STREET JOURNAL BEIJING - China is feeling the pinch of its increasing ties to the global economy, wi...
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WSJ.com January 3, 2002 Page One Feature China\'s New Generation of Leaders Keep A Low Profile as They Push for Reforms By CHARLES HUTZLER Staff Reporter of THE WALL STREET JOURNAL BEIJING - Hidden behind high metal gates, the Chinese Communist Party\'...
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WSJ.com - Sweden\'s Strict Beef Rules Haven\'t Helped Its Farmers Article Search Advanced Search / Help Quotes & Research Symbol(s)Name Market U.S.BrazilCanadaChileMexicoVenezuela-AustraliaHong KongJapanKoreaSingaporeTaiwan-BelgiumFinlandFranceGermany ...
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The Wall Street Journal Interactive Edition March 23, 2001 International Commentary Don\'t Take Home This Swedish Model By Peter Stein. Mr. Stein, an economist, is CEO of Stein Brothers AB in Stockholm. He has been a consultant to the OECD and to the ...
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IHT Article Print Page Copyright 2002 The International Herald Tribune | www.iht.com Who really pays to help U.S. farmers? Paul Blustein The Washington Post Monday, May 6, 2002 Subsidies undercut the world\'s poor WASHINGTON Of all the problems that ...
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Bove, Roger E. Subject: Borlaug Article Search Quotes & Research Symbol(s) Name Advanced Search As of 5:43 p.m. EDT Friday, May 17, 2002 In Today\'s Paper Columnists Portfolio Setup Center Discussions Site Map Help COMMENTARY FROM THE ARCHIVES: Ma...
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After 3 years, euro still confounds some: printer friendly version After 3 years, euro still confounds some By Thomas Fuller International Herald Tribune Friday, January 14, 2005 BRUSSELS Three years after the introduction of euro notes and coins, re...
Chester >> ECO >> 343 (Fall, 2008)
WSJ.com - Who\'s Afraid of a Deficit? January 18, 2005 REVIEW & OUTLOOK DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the ...
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Economist.com Europe\'s stability pact A case for nationalism Jan 20th 2005 From The Economist print edition European governments need more fiscal freedom, not less Getty Images POLITICIANS are not noted for consistency. Consider two proposals by th...
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Will Europe\'s rates rise?: printer friendly version Will Europe\'s rates rise? By Katrin Bennhold and Liz Alderman International Herald Tribune Tuesday, February 15, 2005 ECB official hints at a policy adjustment PARIS Christian Noyer, a member of the...
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A strategy for EMU enlargement | Update Emails | About EurActiv Policy Sections Agenda 2004-09ConstitutionCorp. ResponsibilityEducationEnergyEnlargementEnvironmentFinancial ServicesGovernanceHealth JobsJustice & Secur...
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FT.com / World / International economy - IMF officials criticise eurozone budgetary reforms Friday Feb 18 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldUSUKEuropeAsia-PacificMiddle East & AfricaAmericasInte...
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Economist.com About sponsorship Economics focus The real picture Feb 17th 2005 From The Economist print edition The euro area may have a single currency, but it still has many different real exchange rates HAVE the exchange rates between the 12 mem...
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EUbusiness - EU finance ministers struggle to agree on stability pact reformSkip to content. Search SectionsHome Members Documents PressZONE Events Site Map Personal toolsYou are not logged in Log in Join Home afp EU finance ministers struggle to a...
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Changes to budget rules in euro zone will only be \'minor\': printer friendly version Changes to budget rules in euro zone will only be \'minor\' The Associated Press, Bloomberg News Friday, February 18, 2005 BRUSSELS Changes to the rules that underpin t...
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FT.com / Comment funds dataIndustriesLexComment & analy...
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TITLE: Slowdown in Germany and Italy May Delay ECB\'s Rate Increase REPORTER: G. Thomas Sims DATE: Mar 01, 2005 PAGE: A2 LINK: http:/online.wsj.com/article/0,SB110963113035366309,00.html TOPICS: Monetary Policy SUMMARY: This article reports on a surpr...
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FT.com / World / Europe - Strong euro caps eurozone manufacturing growth Thursday Mar 3 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldUSUKEuropeAsia-PacificMiddle East & AfricaAmericasInternational economyB...
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TITLE: EU May Loosen Budget Rules On Its 12 Euro-Zone Countries REPORTER: John Miller and G. Thomas Sims DATE: Mar 08, 2005 PAGE: A2 LINK: http:/online.wsj.com/article_print/0,SB111023548582172729,00.html TOPICS: European Union SUMMARY: The European ...
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FT.com / World / Europe - Eurozone inflation inches up to 2.1% Friday Mar 18 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldUSUKEuropeAsia-PacificMiddle East & AfricaAmericasInternational economyBrussels bri...
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WSJ.com - EU Deficit Debate Pits Old Members Against New Ones March 18, 2005 EUROPEAN BUSINESS NEWS DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, c...
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FT.com / Home UK - EU\'s big fish may have to be let off hook Tuesday Mar 22 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out Home UK Asia | Europe | US WorldBusinessMarketsMarkets ana...
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FT.com / Lex - Lex: Eurozone I Tuesday Mar 22 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldBusinessMarketsMarkets analysisTechnologyBusiness lifeYour moneyArts & WeekendS...
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FT.com / Lex - Lex: Eurozone II Tuesday Mar 22 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldBusinessMarketsMarkets analysisTechnologyBusiness lifeYour moneyArts & Weekend...
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News Analysis: Tough EU rules?: printer friendly version News Analysis: Tough EU rules? By Floyd Norris International Herald Tribune Tuesday, March 22, 2005 PARIS Who\'s in charge here? A battle in Italy over possible bank takeovers by foreigners has ...
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EU nations mastered tricks of accounting: printer friendly version EU nations mastered tricks of accounting By James Kanter International Herald Tribune Tuesday, March 22, 2005 Are Greek overruns just honest tallying? PARIS Did Greek accountants miss...
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FT.com / Comment funds dataIndustriesLexComment & analysisEditorial com...
Chester >> ECO >> 343 (Fall, 2008)
EU stumbles at key moment: printer friendly version EU stumbles at key moment By Graham Bowley International Herald Tribune Tuesday, March 22, 2005 BRUSSELS Europe\'s leaders face a crucial decision Tuesday when they consider whether to endorse plans ...
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WSJ.com - Know-Nothings Deal Euroland A Double Blow March 24, 2005 COMMENTARY DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, u...
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Euro could collapse in reforms, warns King By Malcolm Moore, Economics Correspondent (Filed: 25/03/2005) The Governor of the Bank of England yesterday warned that the euro could collapse in the wake of reforms to the European stability and growth pac...
Chester >> ECO >> 343 (Fall, 2008)
BUDAPEST BUSINESS JOURNAL - The stability pact: accounting for the EUs differences (print view)BUDAPEST BUSINESS JOURNAL http:/www.bbj.hu/?module=displaystoryformat=html The stability pact: accounting for the EUs differences By Matth...
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WSJ.com - Betraying the Past and Future April 1, 2005 COMMENTARY DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order ...
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FT.com / World / Europe - ECB holds rates as eurozone gloom deepens Friday Apr 8 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out HomeWorldUSUKEuropeAsia-PacificMiddle East & AfricaAmericasInternational economyBrussels...
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Euro\'s zero interest By Charles Starmer-Smith (Filed: 09/04/2005) Almost half the British public do not know that the euro is the currency of Spain, Italy, France and Ireland, according to research released this week. About a quarter of holidaymakers...
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ECB shifts focus, worried by rising asset prices: printer friendly version ECB shifts focus, worried by rising asset prices By Carter Dougherty International Herald Tribune Friday, April 15, 2005 Bank signals that it might raise rates FRANKFURT The E...
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Deficits in Italy and Portugal top EU limits: printer friendly version Deficits in Italy and Portugal top EU limits The Associated Press, Reuters, Bloomberg News, Agence France-Presse TUESDAY, MAY 24, 2005 BRUSSELS Italy\'s budget deficit topped Europ...
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Suddenly, euro isn\'t looking so good: printer friendly version Suddenly, euro isn\'t looking so good By Mark Landler The New York Times TUESDAY, MAY 31, 2005 FRANKFURT While France\'s rejection of the proposed European Union constitution was a stinging...
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WSJ.com - Don\'t Doubt the Euro June 17, 2005 COMMENTARY DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints ...
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Article: The Rise of the Euro: Currency Is Emerging as Rival to the Dollar About the Institute About the Institute Contact the Institute Contact the Institute Board of Directors Board of Directors Advisory Committee Advisory Committee Jobs at the Ins...
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FT.com / Comment ...
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portfolio.hu - Online gazdasgi jsg ANALYST VIEW - Some countries would benefit from leaving euro - HSBC Tuesday, 12, July 2005 03:48:00 PM Some countries would be better off ditching the euro and Italy could be the first candidate to do away with the...
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FT.com / Home UK - Set the euro loose from the European UnionSkip to main content, accesskey \'s\' Homepage, accesskey \'1\' Thursday Jul 21 2005 . All times are London time. Roger Bove Edit Profile Take a Tour Log out Home UKPrint article | Email art...
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WSJ.com - Euro Down July 21, 2005 COMMENTARY DOW JONES REPRINTS This copy is for your personal, non-commercial use only. To order presentation-ready copies for distribution to your colleagues, clients or customers, use the Order Reprints tool at the...
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Financial History Lessons for Europe\'s New Members - New York Times July 26, 2005 Financial History Lessons for Europe\'s New Members By RENWICK McLEAN MADRID, July 25 - As the European Union strives to integrate new members from Eastern and Central ...
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