Asia & the Pacific

"Lacking natural resources, the country was forced from the outset to adopt a long-term view that involved investing in human capital and imparting a strong work ethic. These are critical sources of economic transformation that continue to elude African countries. Their inability to focus attention on entrepreneurship, innovation, and management is partly a result of the excessive policy attention to the role of natural resources."

"The rise in technocratic leadership in Africa is directly related to the emphasis that the continent is placing on economic transformation. But more important, there is growing preference for blending democratic change with managerial competence in running public affairs. This suggests a different type of governance system that combines western party politics and eastern technocracy. It would appear from these nascent trends that Africa is starting to shape its economic future by borrowing ideas from around the world and adapting them to local needs."

"The question of whether nations can learn from history nag policymakers around the world. Part of the problem is that history is handed down through a variety of interpretations that do not reflect reality. But contemporary history, if genuine presented, can offer policy makers with lessons they can learn from....Singapore's lessons for other developing countries have yet to be fully appreciated. This is partly because much of the discussion has tended to focus on rhetorical arguments about relationships between governance and economic growth."

African countries are increasing the allocation of funds to scientific research. But such investments will be wasted if they are used for basic research rather than product innovation.

"Development is crucial for human security, not only for those in poor countries but also for people throughout the world."