2015-05-23 Economist.pdf

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Elizabeth Warren’s dangerous appeal
Saudi: new leader of the Arab world
Taming Scotland’s Bravehearts
Samsung’s softly-softly succession
MAY
23RD
–
29TH 2015
Economist.com
Home-brewed heroin
India’s one-man band
Contents
6
The world this week
31
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10
10
12
13
On the cover
India has a golden
opportunity to transform
itself. Narendra Modi risks
missing it: leader, page 9.
The prime minister has grand
ambitions for his country,
and self-confidence to
match. But he has yet to
show how he will bring about
change, says our special
report after page 40
Leaders
Modi’s rule
India’s one-man band
Scottish nationalism
How to scotch it
Ukraine
The other battleground
Geopolitics in the Gulf
The new Saudis
Financial crimes
Unfair cop
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33
34
Asia
South Korea’s orphans
Flawed legislation
Taiwan and China
Historic pipeline
Rohingya boat people
Myanmar’s shame
Banyan
The politics of
people-trafficking
The Economist
May 23rd 2015
3
Letters
14 On drugs policy, Scotland,
Amtrak, leadership,
shoes
Briefing
17 Saudi Arabia
The challenged kingdom
United States
The Patriot Act
Reviewing the surveillance
state
Philadelphia’s next mayor
Hard graft endangered
ADX Florence
The terrorists’ prison
The biker brawl in Waco
Rotarians with chains on
Chicago’s gun violence
What’s in a name?
American families
Having it all, and then
some
Hope, Arkansas
Something in the water
Lexington
What Elizabeth Warren
wants
The Americas
Separatism in Quebec
No, we shouldn’t
Guyana’s election
A time to heal
Sexual harassment
Criminalising catcallers
Bello
The Chinese chequebook
China
35 Human rights
Jailing grassroots lawyers
36 Propaganda
A film starring Deng
36 Conservation
Old trees, new technology
Middle East and Africa
Islamic State
The caliphate strikes back
Egyptian football
Red card for the ultras
Israel’s foreign relations
Netanyahu contra mundum
Refugees in Lebanon
Outstaying their welcome
Burundi
Good coup, bad coup
The African Development
Bank
Risk on
Special report: India
Modi’s many tasks
After page 40
Europe
Europe’s Green parties
Verdant pastures
Eurosceptics in Europe
Rift on the right
Ukraine’s front line
Longing for silence
Mediterranean migrants
A splash of bravado
Schools in Italy
A class divided
France and global sports
Ellipsoid beats sphere
Charlemagne
And then there were four
Saudi Arabia
Chaos in the
Middle East casts the kingdom
as the Arab world’s main
power: leader, page 12. The
new rulers want to increase
Saudi Arabia’s clout. They face
a hard task, pages 17-20. The
fall of Ramadi and Palmyra
shows how dangerous Islamic
State remains, page 37
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The Economist
online
Daily analysis and opinion to
supplement the print edition, plus
audio and video, and a daily chart
Economist.com
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E-mail:
newsletters and
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Economist.com/email
Print edition:
available online by
7pm London time each Thursday
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Audio edition:
available online
to download each Friday
Economist.com/audioedition
25
26
Scotland
Giving it fiscal
autonomy would improve
governance—and could also
weaken demands to break
away from Britain: leader,
page 10. Riding high, Scottish
nationalists ponder when next
to push for independence,
page 46. Note to Scotland, from
Quebec: support for nationalism
can fall, too, page 27
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Volume 415 Number 8939
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, Hong Kong, Johannesburg, Lima,
Los Angeles, Mexico City, Moscow, New Delhi,
New York, Paris, San Francisco, São Paulo,
Singapore, Tokyo, Washington DC
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Elizabeth Warren
What does
she want? It’s not the
presidency, and for good
reason: Lexington, page 26.
She is wrong about many
things, but on financial crime
she has a point: leader, page 13
1
Contents continues overleaf
4
Contents
The Economist
May 23rd 2015
46
47
47
48
Samsung
As he slowly takes
charge of South Korea’s largest
conglomerate, Lee Jae-yong
will have a tougher job than
his father did nearly 30 years
ago, page 51. A tumble in
exports from Asia need not
spell gloom for the world,
page 60
Britain
Scotland
The view from the north
Death in Surrey
See no evil
Back to deflation
A 55-year rollercoaster
Bagehot
The trials of Nigel Farage
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69
International
49 Development aid
It’s not what you spend
50 Philanthropy
Doing good by doing well
Business
Samsung
The soft succession
Hanergy’s share price
Burned
France’s nuclear industry
Arevaderci
Construction in Brazil
Repair job
Gambling in Macau
Doubling down
Bombardier
Turbulence
Technology firms
Kiwis as guinea pigs
Schumpeter
Managing in an age of
partnerships
Finance and economics
Ukraine’s economy
War-torn reform
Buttonwood
Bond markets reverse
Rigging the stockmarket
Avon falling
Asian exports
A faulty gauge
Financial crime
Unsettling settlements
Energy subsidies
Waste not, harm not
Tackling tax evasion
America the not so brave
Free exchange
A “basic income“ for all?
70
Science and technology
Synthetic biology
Home-brewed heroin
Democratising medicine
The crowd will see you now
The world’s oldest tool
Early man
Graphene supercapacitors
Sheet lightning
Exorcising photographic
ghosts
Double take
Epidemics and artificial
intelligence
Reservoir rats
Books and arts
Battle of Waterloo
A near-run thing
Laszlo Krasznahorkai
Transcendental meditation
Self-regard
You are not special
Mediterranean history
Coasts and coalitions
Faulkner on stage
Signifying something
Waterloo
Appallingly bloody,
yet decisive, the battle of
Waterloo in June 1815 is the
subject of a fusillade of books
200 years later. It fully deserves
the attention, page 71
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Ukraine
The West should do
much more to help Ukraine’s
economy: leader, page 10.
Ukraine’s government is
making some progress, but not
enough page 58. Diplomacy
fails the folk on the edge, in
Donetsk, page 42
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76
Economic and financial
indicators
Statistics on 42
economies, plus a closer
look at poverty rates
Obituary
78 Ann Barr
Who Sloanes Wins
United States
Canada
Latin America
US$160
CN$165
US$338
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Home-brewed heroin
Amateurs will soon be able to
make opiates from nothing
more than a spoonful of yeast
and a bag of sugar, page 67
62
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The Economist
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