“The Indian economy grew at 5.5 percent, but if you look at the last 30 years - for example, 1960 to 1985 - the progress made by East Asian countries was phenomenal. In a single generation they had been able to transform the character of their economy. They were able to get rid of chronic poverty.” IfsYearsLooksMadeCountryCharacterAbleLastsPovertyEconomyProgressGenerationsExampleGrewPercentEastIndianAsian1960sPhenomenalAsian Countries Author:Manmohan Singh
“It was good to launch the economy in the '50s. Japan did this; China did this; even South Korea did this. All the East Asians did this - import substitution. I think all countries followed import substitution in the '50s and in the '60s, but I think by the '70s, countries were getting out of that first phase of the strategy.” ThinkingFirstsCountryEconomyStrategySouthChinaEastJapanPhasesKoreaImportsSubstitutionSouth Korea Author:Jairam Ramesh
“The direct investment of Japanese businesses to East Asian economies accelerates the reallocation of their production bases. Consequently, between Japan and the other East Asian countries, both exports and imports are growing substantially.” CountryEconomyGrowingDirectBasesInvestmentProductionsEastJapanAsianImportsAccelerateAsian Countries Author:Toshihiko Fukui
“We will have to choose not between color nor race nor religion nor between East and West either, but simply between being slaves and being free. And we will have to choose completely and for good; the time is already past now when we can choose a little of each, a little of both. We can choose a state of slavedom, and if we are powerful enough to be among the top two or three or ten, we can have a certain amount of license - until someone more powerful rises and has us machine-gunned against a cellar wall.” IfsLittlesTwoStatesEnoughWisdomPastCertainThreePoliticsPowerfulRaceEconomyColorWallAmountTenMachinesSlaveWestEastLiberalismLicenseBeing FreeCellarsEast And West Book:Essays, Speeches & Public Letters Source: Essays, Speeches & Public Letters
“The public conviction that a railroad linking the West and the East was an absolute necessity became so pronounced after the gold discoveries of '49 that Congress passed an act in 1853 providing for a survey of several lines from the Mississippi to the Pacific.” LinesEconomyDiscoveryGoldAbsolutesWestCongressConvictionEastProvidingPacificSurveysMississippiRailroads Book:The Railroad Builders: A Chronicle of the Welding of the States Source: The Railroad Builders: A Chronicle of the Welding of the States