Importance of Leadership
Source:National Institute of Advanced Studies, Volume L1, Number 81-87663-68-5, Bangalore (2007)
If you look at the world today and the countries that have succeeded and those that have failed, the key challenge those countries that have faced failure, is that of leadership. We always take the example of Lee Kwan Yew of Singapore. How is it that a very small island with no resources, with nothing in its favour, with a chaotic work force, with a very indisciplined population was, within a generation, able to become a first world nation? There is no parallel in human history. Then let us look at China. How is it that a nation with a civilization record of five thousand years has been able to transform itself and become today the second most powerful nation in the world and well on its way to becoming the largest and the most powerful nation on this planet, all in the space of possibly thirty, thirty-five years? Twenty, twenty-five years ago India and China were similar in terms of per capita income, in terms of economic growth. But today China is so far ahead. The Chinese economy is two and a half times the size of the Indian economy and the growth impetus in China will drive it forward at ten per cent a year, possibly for the next decade. I would have liked all of you to visit China to see for yourselves what a nation with a determined leadership can do.
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