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The Politics of Practical Nostalgia.(World Affairs; EAST ASIA)(Ma Ying-jeou, Lee Myung-bak, Thaksin Shinawatra)(Cover story)

Newsweek International

| April 07, 2008 | Wehrfritz, George; Adams, Jonathan | COPYRIGHT 2008 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: George Wehrfritz and Jonathan Adams; With Jaimie Seaton in Bangkok and B. J. Lee in Seoul

Asians are rallying to new leaders promising something the region once took for granted: growth.

Voters in Asia are kicking out incumbents like never before. As maturing economies combine with the global slowdown to put a brake on the pace of development, Asians are electing pragmatic managers-in-chief who promise a return to the good old days of fast growth, job security and social mobility. The first came in South Korea last December, when former Hyundai chairman Lee Myung-bak won election as president vowing to serve as the pro-business CEO of a "Global ...

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Source: HighBeam Research, The Politics of Practical Nostalgia.(World Affairs; EAST ASIA)(Ma...