Emergic: September 25, 2005 Archives

Sunday, September 25, 2005

Singapore and India

Atanu Dey was in Singapore recently and compares it with India:

Comparing Singapore to India from an Indian’s perspective is depressing: how did we -– given all the advantages we had in 1950 compared to Singapore -– squander it all and end up being a poor misgoverned over-populated country? That is the depressing bit.

There are lessons by the score that one can learn from the Singapore experiment; lessons that could be arrived at through simple logical reasoning in the abstract but made all the more compelling to see it actually work out in practice. The fundamental lesson to my mind is this: policies — well thought out, rigorously implemented, and single-mindedly enforced — have the power to transform.

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i think singapore experience cant be compared to india. singapore had advanatge of managing a smaller population and geographical area.. thus easier to plan and execute..
but the lesson to be learnt is that we shd try and see how the development can be planned and executed at local levels... with the help coming from national level...

Posted by krishna

I dont think that there can be an apples to apples comparison between the two nations. Singapore is quite authoritarian and so tiny in terms of population and land area that any comparison will not be correct. Further politically Singapore is under the defence protection of western powers, which significantly impacts its access to these markets. Being a free port rather than the worlds most complex customs union also makes a tremendous diff. A better comparison would be malaysia or even china if one is willing to overlook personal and political freedom for gains in economic development. IMHO

Posted by Shiv

Information Value

David Wessel writes in the WSJ:

Most of the time, speedier, cheaper information allows the economy to produce more from less, often by eliminating mistakes, cutting wasted effort and shrinking doubt. Uncertainty is costly. Information is the antidote to uncertainty, as Harvard psychologist Donald Cox put it 40 years ago.
...
Thirty years ago, Mr. Arrow said the fundamental problem for companies trying to get and use information for profit was "the limitation on the ability of any individual to process information." Computers remove that limit, and force society to wrestle with practical issues that seemed only theoretical a generation ago.

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penis enlargement extender

Posted by enlarge