Nepal is Sandwiched in between China & India, this article may be worth reading.

[Nepal Megh Raj]

Nepal is Sandwiched in between China & India, this article may be worth reading.

http://www.nytimes.com/2013/06/20/opinion/why-india-trails-china.html?hp&_r=0

Rapid expansion of human capability is both a goal in itself and an integral element in achieving rapid growth. Japan pioneered that approach, starting after the Meiji Restoration in 1868, when it resolved to achieve a fully literate society within a few decades. As Kido Takayoshi, a leader of that reform, explained: “Our people are no different from the Americans or Europeans of today; it is all a matter of education or lack of education.” Through investments in education and health care, Japan simultaneously enhanced living standards and labor productivity — the government collaborating with the market.

Despite the catastrophe of Japan’s war years, the lessons of its development experience remained and were followed, in the postwar period, by South Korea, Taiwan, Singapore and other economies in East Asia. China, which during the Mao era made advances in land reform and basic education and health care, embarked on market reforms in the early 1980s; its huge success changed the shape of the world economy.

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Warm Regards, as always

Megh Raj Nepal

Tokyo, Japan.
Mobile Tel: +(81)-(80)-4327-4404  [ 080-4327-4404 ] 

Fax / Tel: +(81)-(3)-3871-1146  [ 03-3871-1146 ] 

http://www.nytimes.com/2013/06/20/opinion/why-india-trails-china.html?hp&_r=0