What can South Asia learn from East Asia?

[doppelganger]

Yep the article said that.

But generally East Asia does not include SE Asia:

East Asia - Wikipedia, the free encyclopedia

In the context of learning, I don't think India can really use either S. Korea or Japan as a model.

China yes, but again only in parts, both due to cultural, societal, and political reasons.

The ASEAN countries therefore provide the most realistic model. Not quibbling about what is East and North East. Just talking from the perspective of us learning and from whom, and what.

 

[ashok mourya]

So what can South Asia learn from East Asia?

First, get the policy basics right for catch-up growth. Second, avoid a ‘picking winners’ industrial policy.

Third, liberalise markets bottom-up rather than top-down. Don’t rely on international and regional organisations and their grand designs to do the job. Rather market reforms must first come from national capitals, sub-national regions and cities. Then they will spread by competitive emulation. That is how East Asia opened up trade and foreign investment, enabling the emergence and expansion of manufacturing supply chains.

Fourth, improve governance and the rule of law. Easier said than done, of course.

Fifth, expand labour-intensive manufacturing. Attracting FDI and developing export capability are critical. This is potentially a big engine of growth and employment for the poor, and the surest way of linking up with East Asian and global supply chains. But it will not happen without further reforms, notably labour market deregulation.

Sixth, boost regional economic integration by reducing cross-border tariffs and non-tariff barriers and by improving cross-border infrastructure. Unilateral, bottom-up liberalisation will be more important than bilateral and regional free trade agreements, though the latter can be complementary.

This is a shopping list for South Asia based on East Asian experience. Political obstacles loom large. Given India’s immense importance in the region, it is vital for it to take the lead — and to lead by example.

 

[Gibbs]

So what can South Asia learn from East Asia?

First, get the policy basics right for catch-up growth. Second, avoid a ‘picking winners’ industrial policy.

Third, liberalise markets bottom-up rather than top-down. Don’t rely on international and regional organisations and their grand designs to do the job. Rather market reforms must first come from national capitals, sub-national regions and cities. Then they will spread by competitive emulation. That is how East Asia opened up trade and foreign investment, enabling the emergence and expansion of manufacturing supply chains.

Fourth, improve governance and the rule of law. Easier said than done, of course.

Fifth, expand labour-intensive manufacturing. Attracting FDI and developing export capability are critical. This is potentially a big engine of growth and employment for the poor, and the surest way of linking up with East Asian and global supply chains. But it will not happen without further reforms, notably labour market deregulation.

Sixth, boost regional economic integration by reducing cross-border tariffs and non-tariff barriers and by improving cross-border infrastructure. Unilateral, bottom-up liberalisation will be more important than bilateral and regional free trade agreements, though the latter can be complementary.

This is a shopping list for South Asia based on East Asian experience. Political obstacles loom large. Given India’s immense importance in the region, it is vital for it to take the lead — and to lead by example.

Also another aspect South Asia lack is intra regional trade.. That is abysmal.. Compared to East and Asean.. As you rightly said given it's massive market and size.. India need to be the main engine of growth.. Thus in turn be beneficial to intra regional trade in South Asia..

 

[dray]

Also another aspect South Asia lack is intra regional trade.. That is abysmal.. Compared to East and Asean.. As you rightly said given it's massive market and size.. India need to be the main engine of growth.. Thus in turn be beneficial to intra regional trade in South Asia..

South Asian countries need greater cooperation among each other for sure.

 

[ashok mourya]

South Asian countries need greater cooperation among each other for sure.

But howz that possible as long as the k issue raised by pakistan and derailing south asian union.In order to strengthen SAU free trade agreement with easy visa movement between nations neccessary.laterlya common currency may be adopted for the union like EU.

 

[Lord ZeN]

Actually you do have a point.

I have seen many Indians on this forum (Arya Desa was notorious for this), claiming that Indians are "Aryans/Caucasians", and thus racially superior to "Mongoloids" or simply "chinki".

As for why India got zero gold medals at the last Olympics? Because they don't care about sports apart from cricket.

Why does China come at the top of OECD education scores while India comes last? Because they don't care about grades at school.

Basically they say they are inherently racially superior to us, and the fact that East Asia comes ahead is down to other factors.

@Arya Desa
How can you "learn" from a people whom you consider to be racially inferior?

Arya- desa is a typical Canadian- Punjabi racist like many Pakistanis here... He is certainly not an Indian.

Indo-Aryan peoples - Wikipedia, the free encyclopedia

Indo-Aryan is a linguistic concept.
Indo-Aryan is ethno-linguistic group referring to peoples united as native speakers of the Indo-Aryan language family. It's not a homogeneous race.

 

[by78]

Indians should learn to talk less and do more.

It's appalling how much Indians talk and waste time. They even talk incessantly on subjects they have no knowledge of.

 

[Luca1]

Yet I always saw all the other Indians in the thread agreeing with him, as long as it was against us?

It's not just him either, I regularly see Indians here claiming that they are "Aryan/Caucasian".

And I see the huge popularity of Hitler in India as well.

Why is Adolf Hitler popular in India? - Jerusalem Post

After reading the article. It's likely that India would elect the next Hitler. Hitler was elected in a desperate time by a desperate people, a situation I see India in sometime in the near future.

 

[Lord ZeN]

After reading the article. It's likely that India would elect the next Hitler. Hitler was elected in a desperate time by a desperate people, a situation I see India in sometime in the near future.

Not really my Chinese friend.

 

[samv]

Your homeland, Sri Lanka , has the potential to become a tiger economy. All levels point in that direction: high HDI, growth rate, educational system, literacy rates, rising FDI in the country. Wishing the best for Sri Lanka !

There is no way Sri Lanka is going to be a "tiger economy" with the new Sri Lankan government. All they care for is political witch hunting and giving subsidies right left and centre, as well as licking India's balls. No amount of wishes is going to wish that away.

 

[Azizam]

Btw, @Azizam ---- Your homeland, Sri Lanka , has the potential to become a tiger economy. All levels point in that direction: high HDI, growth rate, educational system, literacy rates, rising FDI in the country. Wishing the best for Sri Lanka !

Sri Lanka has a long way to go and many things need to be changed before even thinking of reaching the status of a tiger economy. Educational system in Sri Lanka is actually outdated and no one really seems to be bothered about it and the damage it does to the country. While education is easily accessible (the reason for the higher literacy rate), the system destroys the room for innovation.

From what I've heard, Japan has one of the most creative educational systems in the world. What are the differences you noted in between Japanese and American systems?

There is no way Sri Lanka is going to be a "tiger economy" with the new Sri Lankan government. All they care for is political witch hunting and giving subsidies right left and centre, as well as licking India's balls. No amount of wishes is going to wish that away.

With this kind of mentality, it would have no chance of even exceeding 10,000 GDP per capita. Can't you ever stop indulging in childish tribal mentality of sticking to political parties for life? There is a huge world outside of your favourite political party.

Actually you do have a point.

I have seen many Indians on this forum (Arya Desa was notorious for this), claiming that Indians are "Aryans/Caucasians", and thus racially superior to "Mongoloids" or simply "chinki".

As for why India got zero gold medals at the last Olympics? Because they don't care about sports apart from cricket.

Why does China come at the top of OECD education scores while India comes last? Because they don't care about grades at school.

Basically they say they are inherently racially superior to us, and the fact that East Asia comes ahead is down to other factors.

@Arya Desa

How can you "learn" from a people whom you consider to be racially inferior?

Arya Desa is a troll. Don't mind him. An average Indian knows that there is so much to learn from East Asia. I don't know what's the reason for the Chinese vs Indian conflict on this forum but average Indians I know are not hostile to China at all.

 

[samv]

With this kind of mentality, it would have no chance of even exceeding 10,000 GDP per capita. Can't you ever stop indulging in childish tribal mentality of sticking to political parties for life? There is a huge world outside of your favourite political party.

It's not a "mentality", it's a fact. Previously the UNP government did ef all when it came to infrastructure and now they are going to do ef all for infrastructure and development as well. All they have done so far is scream at Chinese investments in Sri Lanka and threaten to shut them down (nice one, doing that is really in Sri Lanka's interests), dole out subsidies (with more to come) and go on witch hunts against political opponents. Sri Lanka is not going to have its GDP per capita exceed 10 000 in the forseeable future with the current lot in power. What we can look forward to is being India's lap dog and doing its bidding, no investment in infrastructure, a stagnating economy and political division. Yaha paalanaya here we come!

 

[Luca1]

Not really my Chinese friend.

I'm not Chinese. And If India would elect someone who do nothing while Hindu mobs attack Muslims, they would elect someone that have a final solution for Muslims.

 

[Beidou2020]

Generally East Asians talk less and work more. East Asian work ethic is amazing. South Asians talk a lot and promise grandiose things but always end up under-delivering and outright failing.

South Asians are far too much into religious things and ideology which hinders their development.

No South Asian country has become a developed country yet and I don't see that changing for a very long time, if ever.

I also think the AVERAGE IQ of the East Asian is higher than the AVERAGE IQ of the South Asian which contributes to why South Asia is so far behind East Asia.

The smartest South Asian and smartest East Asian are equally smart but on average, the general East Asian population is smarter than the general South Asian population.

 

[kawaraj]

There is no way Sri Lanka is going to be a "tiger economy" with the new Sri Lankan government. All they care for is political witch hunting and giving subsidies right left and centre, as well as licking India's balls. No amount of wishes is going to wish that away.

We don't know. Politics sometimes plays foul with economic reality so does policy to average voters's wellbeing. What we know is that the previous SL gov was doing fine enough to make the island nation forefront of South Asia's economic landscape.