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from one of my Hong Kong staudents who also spent a year in Singapore
From: David Farber <farber () central cis upenn edu>
Date: Tue, 29 Jun 1993 17:50:36 -0500
Date: Tue, 29 Jun 93 17:04:22 EDT From: mtam () gradient cis upenn edu (Ivan Ming Chit Tam) Posted-Date: Tue, 29 Jun 93 17:04:22 EDT To: farber () central cis upenn edu Subject: Re: PETERS: NOW IS NOT TIME FOR U.S. TO TURN ITS BACK ON ASIAN JUGGERNAUT Yup, I think this is the prime time for USA to help out the Asia countries in their quest to market economies. At the same time it is perhaps also worth it to look at how Asian's industries are managed. Surely, US can take this opportunities to build up good relationships with these countries, both for political and economic reasons. And if US doesn't other developed countries will. Nevertheless, I think at times it will help if the government can seperate the idealogy (human rights) with econmics, understanding that a typical Asian country does not start by having full blown democracy (look at the turmoil in Soviet Union). Once the basics of living are assured, people will have time to think about what is a good system and hence pususe the ideal. I think US is the only country with most experience in market economies, perhaps it should use this aspect as the base of her future global leadership. Wouldn't this model fit better for both the global leadership fans and the home economic fans. (Surely, there must be a lot of subtle issues, that I don't understand). Just a two cents opinion.
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- from one of my Hong Kong staudents who also spent a year in Singapore David Farber (Jun 29)