Sunday, July 04, 2010

How to help build a different world.

That's what the leaders of many of our world governments were focusing on recently as reported by Time Magazine.

It will be interesting to see how far this goes beyond the typical political hype and if any real action is a result.

Though I found this one portion especially interesting:

From the perspective of developing nations, the question of talent takes on a different hue. There is a growing consensus among development economists that the key driver of China's stellar success in the past 20 years has not been government policy (however effective it may have been) or the technocratic skills of its public-sector managers (though they are certainly impressive). It is that for two generations — going back to the dark, autarkic days of Maoism — China has educated its women. China would not have been able to become the workshop of the world if its factory workers, mainly girls and women, did not have the literacy and numeracy essential to perform assembly tasks. If there is one lesson from China that African nations (and ones in South Asia too) need to learn, it is that you cannot build a modern economy if you ignore the innate talents of 50% of your population.

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