International -- Readers Report
MALAYSIA HAS MADE ITS FORWARD LEAP ALREADY (int'l edition)
Your article "Can Malaysia take that next big step?" (International Business, Feb. 19) is outdated and filled with fallacies. Prime Minister Mahathir's government is creating a political stability that other countries envy and admire. It dares to change its business, social, and education policies to allow fair competition and opportunities for the distribution of wealth. Mahathir's vision is not based on monumental buildings but rather on monumental feats that let this small nation continuously change, learn, develop, and strive to new heights.
Mohd Nazasli A. Aziz
MalaysiaReturn to top
O CANADA, YOUR DEBTS ARE STAGGERING (int'l edition)
Canadians are often flattered that our bigger cousins in the U.S. take the time to write an article on Canadian affairs. I thought a point of correction was in order. "Business in Quebec is voting with its feet" (International Business, Feb. 5) was incorrect in stating that Quebec's total debt is larger than any other province's. Ontario carries that dubious honor. Ontario now is the largest debtor in the world that is not a sovereign nation. Ontario Hydro, with a long-term debt of $34 billion Canadian, is also the largest debt-borrowing institution in the world. Just to prove Quebec doesn't take second seat to anyone, Quebec's long-term debt is $88 billion Canadian.
Powder River Publishing
Okotoks, Alta.Return to top
WHAT'S CHOKING GERMANY'S BUILDING MARKET (int'l edition)
In regard to "On the job, it's a veritable U.N." (International Business, Feb. 19): As a homebuilder, it is my experience that the problem in the German building market is not high wages but disregard for customer needs and wishes by regulators. Homebuilders are burdened with costs imposed by a government machine that in good times got used to subsidizing away any problem. Instead of trying to prevent non-Germans from making a decent living, our unions should fight overregulation and overtaxing. All we need is common sense and less bureaucracy to reignite the German building market.
Karl H. Grabbe
Bremen GermanyReturn to top