shift
"I wouldn't say it's the dominant force. What is gradually happening is the restoration of the world balance to what it was in the early 19th century or late 18th century when China and India together were responsible for more than 40 percent of world GDP. With those two countries becoming part of the globalized trading world, they are going to go back to approximately the level of world GDP that they previously occupied. But that doesn't make them the superpowers of the world." (Information Processing)
This is a fascinating interview with Lee Kuan Yew (the father of modern Singapore) with Germany's DER SPIEGEL magazine.
This is a fascinating interview with Lee Kuan Yew (the father of modern Singapore) with Germany's DER SPIEGEL magazine.
posted by Dody G. at 7:44 PM
1 Comments:
Thanks for sharing Dod! It was good indeed to read about Mr Lee from my cty. I like this part most, hehe :)
Mr. Lee: I faced this problem myself. Every year, our unions and the Labour Department subsidize trips to China and India. We tell the participants: Don't just look at the Great Wall but go to the factories and ask, "What are you paid?" What hours do you work?" And they come back shell-shocked. The Chinese had perestroika first, then glasnost. That's where the Russians made their mistake.
9:16 AM
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