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2010-05-25

Costs of instability

Second comments on David Kelly “Costs of maintaining stability in China”, 23/05/2010, http://www.eastasiaforum.org/2010/05/23/costs-of-maintaining-stability-in-china/

After some thought about the article, I think the title might be more pertinent if it is called "Costs of maintaining stability in a wrong way in China".

The current title gives the impression that the costs outweigh the benefits, but implicitly implying no costs of not maintaining stability.

The post on Thailand's recent unrests following is a useful and timely reminder the costs of not maintaining stability.

And the potential costs in China would be much far greater by some factors.

Of course, I am not saying the way the Chinese government has relied on is a good one.

Clearly it can do better with much lower costs.

The last paragraph may be unfortunately misinterpreted by some:

“The Tsinghua report indicates that concern about the negative impact of institutionalised state paranoia is rising in influential, even official, circles. The time has clearly come for the pendulum to swing of in favour of seeking long-term reductions in tension rather than quick fixes. The international policy community needs to develop thinking and strategies that are sympathetic to this trend.”

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