lee once pessimistic views of india changed still a long way to go
Concerning India, during his term as prime minister of Singapore, he routinely expressed pessimism.
“It was sad to see the gradual rundown of the country,” he once wrote.
Coming of age
It therefore caused a stir when, earlier this month on the occasion of the founding of the Lee Kuan Yew School of Public Policy in Singapore, he predicted that India would be propelled into the “front ranks”.
Aided by the sharp rise in foreign exchange reserves, Indian companies have, over the past three years, begun making global acquisitions
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In this amazing speech, crammed with information and analysis, he argued that, over the next decades, “China and India will shake the world… In some industries, [these countries] have already leapfrogged the rest of Asia.”