This group of critics would prefer that Shariah be used to modify the existing political economies to move away from interest-based debt and highly speculative and leveraged derivative transactions.

CENTERFORSECURITYPOLICY: Shariah??s Black Box

And yet, when I got to the end of Awakening Giants, I definitely felt that most of the questions I had about the Chinese and Indian political economies (and I suspect these are ones that other Americans interested in Asia are likely to have as well) had been answered very effectively.

FORBES: Comparing China And India

The new mood of optimism about the world's economic prospects may prove self-defeating even on the assumption that the new-paradigmists' claims are true if it means that steps to make international financial markets safer, or to make Europe's economies fiscally robust and more receptive to change, or to strengthen corporate, financial and political governance in emerging economies, are not taken.

ECONOMIST: Rosy prospects, forgotten dangers