2015-06-20 Economist.pdf

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A SPECIAL REPORT ON NIGERIA’S FUTURE
My Big Fat Greek Divorce
China’s capitalist torch-bearer
How green is the pope?
JUNE
20TH
–
26TH 2015
Economist.com
Computers make a quantum leap
Jailhouse nation
2.3 million reasons to fix America’s prison problem
Capital Creates
More Commerce
New technology can make even small businesses big.
E-commerce leader Alibaba Group built an online and mobile
marketplace connecting small businesses to customers in
China and beyond. Morgan Stanley helped take the company
public, leading a $25 billion IPO — the largest in history.
ambition of giving rural communities access to goods and
services once considered out of reach. Across the globe,
we’re working to advance the technologies that help more
people to prosper. Capital creates change.
morganstanley.com/alibaba
© 2015 Morgan Stanley & Co. LLC. Member SIPC. CRC 1122237 04/15
Contents
8
The world this week
37
11
12
14
14
16
On the cover
How to make America’s penal
system less punitive and
more effective: leader, page
11. The bloated prison system
has stopped growing. Now it
must shrink, pages 23-26
17
Leaders
Justice in America
Jailhouse nation
Greece and the euro
My big fat Greek divorce
The ICC and South Africa
Justice delayed
Trade agreements
TPP, RIP?
Britain’s immigration
Kneecapping the recovery
Africa
Nigeria’s moment
38
38
39
39
40
42
Asia
Japan’s national debt...
Hoping for growth
...and its Olympic games
A capital spat
Police in South Korea
The K-cop wave
Politics in Taiwan
Madam President?
Politics in Malaysia
The trouble with trebles
Justice in Vietnam
Compassionate commies
Banyan
The shadow of the
caliphate
The Economist
June 20th 2015
5
Letters
18 On transparency, India,
modelling for free trade,
tax evasion, artificial
intelligence
Briefing
23 American prisons
The right choices
United States
Congressional business
Tangling on trade
Film-making in California
The Empire strikes back
Population trends
Latino mojo
The Rachel Dolezal case
White is the new black
Louisiana’s budget
The Norquist wriggle
Paying for college
A teaspoon of sugar
Anthropology
Kenne-which man?
Lexington
Time and the Republicans
The Economist
online
Daily analysis and opinion to
supplement the print edition, plus
audio and video, and a daily chart
Economist.com
China
45 Hong Kong’s politics
A snub to the party
46 Corruption
After Zhou, who?
46 Dog-lovers v dog-eaters
The qualms of a new
middle class
Special report: Nigeria
Opportunity knocks
After page 46
Middle East and Africa
China and the Arab world
The great well of China
Health care in Egypt
Dirty sheets and stray cats
Syria and Israel
Don’t bruise the Druze
Iraq’s oil boom
Gush but worry
Ugandan politics
Bored of a Big Man
Googling in Africa
Work or play?
Ghana’s economy
The mighty fallen
Greece and the euro zone
Stuck in an abusive
relationship: leader, page 12.
The cost of Grexit still
outweighs the benefits for
both Greece and the euro area,
page 67. Debt-relief boosts
growth, but only when it
comes with conditions: Free
exchange, page 76
E-mail:
newsletters and
mobile edition
Economist.com/email
27
28
28
30
32
32
Print edition:
available online by
7pm London time each Thursday
Economist.com/print
Audio edition:
available online
to download each Friday
Economist.com/audioedition
47
48
49
49
50
50
50
Nigeria
Africa’s most
important disappointment
can at last come right: leader,
page 17. Having consistently
failed to live up to its huge
potential, Nigeria now has a
rare chance to turn itself
round. Our special report
assesses its prospects, after
page 46
Volume 415 Number 8943
Published since September 1843
to take part in "a severe contest between
intelligence, which presses forward, and
an unworthy, timid ignorance obstructing
our progress."
Editorial offices in London and also:
Atlanta, Beijing, Berlin, Brussels, Cairo, Chicago,
Lima, Mexico City, Moscow, Mumbai, Nairobi,
New Delhi, New York, Paris, San Francisco,
São Paulo, Seoul, Shanghai, Singapore, Tokyo,
Washington DC
33
34
The Americas
35 The pope’s encyclical
What would Jesus do about
global warming?
36 Food and Venezuela
Let them eat Chavismo
36 Haitian migrants
Fear of statelessness
British immigration
Firms
need skilled workers—and the
prime minister needs to stop
making panicky promises:
leader, page 16
1
Contents continues overleaf

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