https://youtube/watch?v=olDxUti8g28 Prof Kishores speech in Bhutan - Return of Asia The 7 Pillars of Western Wisdom - How they have helped Singapore to succeed and other Asian Countries to return to power. 1. Free Market Economics - How have FTAs transformed economies 2. Mastery of Science and Technology - Spain of a population of 4 million colonised 3. Pragmatism - The example of Deng Xiaopings wisdom and the Japanese who learnt from the west and emerged as the first modern industrial power with the Meji Reformation. The power of silent learning journeys 4. Meritocracy - How do you select the best people to run the country? Asia has the largest pool of brains (55% of the worlds population) and also the largest pool of unused brains. Rajiv Gandhi said, Better a brain drain than a brain in the drain. Today, the 5. The culture of Peace - South East Asia via ASEAN - The Balkans of Asia 6. The Rule of Law - Look at the number of lawyers produced by China. 7. Education - The Asian Mind does amazingly well with a western education. While the 7 Pillars have helped to bring the return of Asia, there will always be challenges. What are these challenges? i) Geo-Political competition - Asia has been facing that for 2000 years. It will be there for another 2000 years. Fault line along the super powers and the emerging powers. The rising level of tension comes on board when the second emerging power is about to overtake the super power. How would small states like Singapore look at such tensions and manage these challenges? Today, it is US with China. In 30 years time, it would be between China and India. A 8 million dollars endowment fund has been set up to study the relationship between China and India at the LKY School of Policy Study. ii) Good governance - Good governance must support economic growth and social growth. The Thais were able to escape colonisation through their shrewdness and geo-political deftness. Yet, the country is now divided in their support for various parties. What lessons does this hold for us? iii) Global governance - Multi-lateral relations from various institutions. What are the changing rules?
Posted on: Thu, 04 Dec 2014 09:31:31 +0000
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