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Dates: during 2000-2009
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...intelligence officials caution. "It's very possible that we're looking at the prospect of North Korea without Kim Jong Il," a diplomatic source told TIME. "If he's as sick as some reports indicate, we're looking at a very uncertain future." Intelligence reports earlier this year spotlighted Chang Sung Taek, Kim Jong Il's brother-in-law, as the likely "regent" in a post-Kim world, riding herd over Kim Jong Un, the 20-something who is likely to be the Dear Leader's successor. But sources say there is now increasing uncertainty as to how much authority...

Author: /time Magazine | Title: Is Kim Jong Il Really Ready to Talk? | 7/28/2009 | See Source »

...Morris Chang is living proof of Taiwan's ability to transform its economy. In 1985, the China-born Chang, once a long-serving executive at Texas Instruments in the U.S., was lured to Taiwan by the government as part of its effort to develop a high-tech industry. He was hired to manage a state-funded research institute, but shortly after his arrival, an influential technocrat, Li Kuo-ting, called Chang to his office and told him: "Think about how you want to start a company." The conversation led Chang, backed by state funding, to found Taiwan Semiconductor Manufacturing...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Nowadays, Chang says Taiwan must transform itself again to ensure its future growth - and he's leading the charge. In June, he reclaimed TSMC's CEO post four years after relinquishing the job - even though he is 78 years old - with the goal of taking the firm into new industries, possibly solar panels and energy-saving LED lighting. "The next transformation is going to be something that requires ideas, innovation," Chang says. "My basic concern with Taiwan is that the country needs a lot of reforms...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...Whether such efforts can truly work may determine the fate of Taiwan's economy. "The old model is a top-down approach," says ITRI president Johnsee Lee. "The innovation economy has to be more bottom-up. It needs more talent." Morris Chang says Taiwan lacks that talent, because the country's education system stresses rote learning, resulting in "very little independent thinking and very little creativity." Chang also points out that Taiwan has to contend with a greatly changed international environment. "China wasn't in the picture 30 years ago, neither was India," Chang says. "You have a big competitor...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...books: love and friendship, angst and struggle. "We think, What does Harry Potter go through?" Paul says. "If I was a teenager, and I was going through this, what kind of songs would I be writing? So when Harry's love life goes sour after a date with Cho Chang, you write a song about that. Or he discovers this awesome potions book with all these secrets in it, and he's totally pumped. You write a song about that...

Author: /time Magazine | Title: The Boy Who Rocked | 7/20/2009 | See Source »

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