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ASIA:<br />

Where Art Thou Going?<br />

We continue with a bit on continents.<br />

It was such fun doing the one on Europe.<br />

Now for Asia! This huge mysterious place.<br />

Let us do geography first.<br />

Asia is about 30% of the world’s landmass with 60%<br />

of the population - some 4,4 billion people. Asia also<br />

has deserts and empty spaces, which means that the<br />

areas that people occupy is crowded. Very crowded.<br />

Wikipedia says: In the late 1980s and early 1990s,<br />

Japan’s GDP was almost as large as that of the rest<br />

of Asia combined. In 1995, Japan’s economy nearly<br />

equaled that of the USA as the largest economy in<br />

the world for a day, after the Japanese currency<br />

reached a record high of 79 yen/US$.<br />

Economic growth in Asia since World War II to the<br />

1990s had been concentrated in Japan as well as the<br />

four regions of South Korea, Taiwan, Hong Kong and<br />

Singapore. It is forecasted that India will overtake<br />

Japan in terms of nominal GDP by 2020. By 2027,<br />

according to Goldman Sachs, China will have the<br />

largest economy in the world.<br />

Asia has got it all: oil, diamonds, gold and everything<br />

else.<br />

India has more than a million millionaires, but<br />

also 20% of the world’s poor live in India. And not<br />

all countries in Asia are rich. Look at Kazakhstan,<br />

Kyrgyzstan, Afghanistan, Nepal, Mongolia and so on.<br />

The differences are huge.<br />

What we need to remember is that Asia was<br />

devastated after World War II. There was not much<br />

development outside of Japan and the Philippines<br />

to begin with. And what was left after 1945 was just<br />

about nothing.<br />

How did they do it?<br />

We might laugh at the Japanese workers’ zeal, but<br />

let us face it. If all workers show up two hours early<br />

for work (and not expecting any pay for that) and<br />

go home 2-3 hours later than expected (and not<br />

expecting pay for that) and where taking annual<br />

leave is showing no commitment to the company (so<br />

you don’t go on holiday), well, no wonder they are<br />

so successful..<br />

With China unleashing the creativity and the zeal of<br />

its billions after waving goodbye to communism, it is<br />

no wonder that China will be the dominant country<br />

within the next 20 years.<br />

It is education. Any Asian country is focused on<br />

42 >>>HOLA MAHIGH-SCHOOL

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