WOULD THE PORK-ADDICT TONGRESSMEN AND SENATONG BE ABLE TO APPRECIATE OR UNDERSTAND THE IMPORT OF THIS? “The book is ‘How Asia Works,’ subtitled ‘Success and Failure in the World’s Most Dynamic Region’ xxx and its author is Joe Studwell, an old Asia hand, journalist (Economist, Economic Intelligence Unit, Financial Times, Asian Wall Street Journal, Far Eastern Economic Review), broadcaster and author of several other highly acclaimed books, who is currently pursuing a mid-career PhD in Cambridge. Xxx. And what is Studwell’s message? Xxx that based on the Asian experience, there are three critical interventions that governments can use to speed up economic development: restructuring agriculture into highly intensive household farming, directing investment and entrepreneurs into export-oriented manufacturing, and intervening in the financial sector to support the two sectors. A recipe for success that is ‘as simple as one-two-three.’ Studwell cites Japan, Taiwan, South Korea and China as countries that have employed these interventions, resulting in ‘the quickest progressions from poverty to wealth that the world has seen.’” Solita Collas-Monsod, Inquirer, 7/27/13 opinion.inquirer.net/57473/how-to-sustain-our-7-percent-growth-rate
Posted on: Sun, 28 Jul 2013 11:33:53 +0000