Sunday, February 18, 2007

 
Lessons for India.
Warning: Ive got time on my hands so this post will be wandering..implies lot of eco.
Singapore has this policy. Based on their A level marks, students are sent to the best US universities..all paid for. When them come back they must serve a bond with the Singapore Government. So really at the end of it..all the best brains in this country work in the Government.
The US elections are on, the potential candidates are Hillary(Yale Law), Obama(harvard law), Guiliani(NYU law), Cox(CPA,Investor), Brownback(JD). Educational Qualifications Count as much as integrity of the candidate(no criminal records..they re mostly lawyers..) and economic leaning.
Qualified Politicians in recent times in India.
How did India do when we had qualified people with some say.
In Goa, Parikar-an IIT graduate, transformed Goa's economy. He made computer education compulsory for all. I think he lost eventually, but a good man made a difference.
S M Krishna- A lawyer from George Washington University, gave my city world wide fame, improved roads, got the private sector involved and transformed Bangalore. But he was charged with some sort of 'brahmin' conspiracy(favored bangalore only and the 'brahmin' company infosys). I am a brahmin and I get angry about these false accusations with good reason. Srinivas, Shruthi and I have some plan for the south some time in the future. Three brahmins..might lead to some problems there too. Don't you think, Chini. I hope I'm blowing things out of proportions, but the MFer Deve Gowda sent my usually settled blood boiling!
Maybe Krishna ignored the rural areas, that is acceptable, but bringing personal vendetta and raising caste issues to substantiate these claims was unacceptable. Especially from an incompetent man who was made Primeminister and all I remember was pictures him taking naps!
This reminds of the offshoring controversy in the US. I don't know as yet what to make it. That I've read The World is flat does not help. TF has really hyped up the whole issue. Celebrate 1st Jan 2000 as our independence day! My foot, he really lives in some warped reality.
It got us some exposure..not like we can make a living out of it. There are many pressing issues in this country. The section it did help was the educated english speaking low income people. There's no 'trickle down' effect specifically from outsourcing. Ofcourse from America's point of you, they have according to reports gainsed much more than they lost. how they compensated those who lost, is something I have not much knowledge.
This brings me to another dillusionment. Partly due to my professor. He's worked with some of the greatest economists in the world. He's from Bangladesh. I love attending his classes(development economics) becoz it's easier to swallow his words than some american economist, never seen what constrints developing countries face, swears by the RBC model....I'm getting carried away. But the more I learn fancy models, the more I feel like applying them to India and the more I realize, they don't suit India at all.
Jeff SAchs believes Foreign aid will to the trick. I think that a cleaning of the human soul is the only way to remove poverty. No amount of foreign aid will help SSA if the rich keep feeding rebels to spread drugs and violence. I wonder what Adam Smith said on the ethics of capitalism. Let me wiki it. Nothing directly relevant.
I guess some sort of realization has dawned after Stiglitz(this man most often makes sense, because he uses what call the rational expectations approach. Use all the information available at the current moment. Not just because some basithe graph moves up, the dead weight loss goes up. I think Economics still must be treated as a social science) exposed IMF's many botch ups..atleast they should have got economists from the respective countries to give them some perspective. Instead of following textbook theorems.
Anyway, getting back to my original point..I'll make it short. I'm sleepy now.
Good qualifications of politicians is a must. I long to see the day when academic qualifications of leaders becomes one of the more important considerations in his getting voted into power

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Comments:
well written. I fully agree with you about making basic qualification a must to file nomination for elections. You seem to be reallly feeling sleepy. some spellings and sentences speak for it. look forword to read your next blog
 
doesn't that kind of amount to the educated class asserting themselves over the uneducated millions? which is, holistically speaking, unfair?
 
Nono.
Let me put up this scenario. Lets only have the best brains in the country rule it. I have a theory that the more knowledge a person gains, the less he is concerned with petty things like power and money. Like in Singapore. It's run so efficiently because the best brains run the country. And ofcourse they are paid quite a bit.

That should happen, when you pay politicians enough, and use a basic requirement of a masters or PhD from abroad or the best schools in India, I think things will change for the better. They aren't too concerned about asserting themselves on anyone. They are solely concerned with their credibility. I am a PhD from Harvard, I have to prove my worth.


Have you read "the Bet" by Chekov? It substantiates my belief. It's just a story I know.

Also, I don't think any uneducated man would (other things constant-"ceteris paribus") prefer an uneducated man over an educated man to govern his country. Purely education does not have that bias in peoples minds. Maybe because caste issues crop up..like the upper class tends to have better education. But ofcourse I don't believe that this is because of lack of reservation and all. I think this is because there still is reservation. It has made the lower class lazy. It hasn't made them fight for themselves. I don't want to get into this..
 
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