2/10/07

How to judge the strength of a country

These are the conditions a country must meet in order to show healthy growth. History is quite clear on this.

1. Property rights…to stimulate inventions and reward inventors;
2. Education … to develop the knowledge to innovate and produce effectively;
3. Communication … to efficiently transmit information and move goods;
4. Financial system … to finance the growth of the country.

Use this list to assess the strength of a country. China and India, for instance. They have a long way to go.

We are a dynamic country because we excel in all four areas.

More on http://www.peterdag.com/.

George Dagnino
aka Peter Dag
Editor, The Peter Dag Portfolio
Since 1977



1 comment:

Leisa♠ said...

And though we have numerous opportunities to grouse about the effectiveness of either, we can add a participatory government process and an independent judiciary to the list.