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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?

To: Brian Sullivan who wrote (69722)	4/11/2003 1:59:02 PM
From: Gary Ng	Read Replies (1) \| Respond to of 70976

Re: This leads me to believe that you though the Robert Fisk article that you posted was from the US media. Oops, stand corrected after re-reading it, ESL problem. I was meant to say "something different from the US major media" >The Hong Kong line is because I think that you are >living there currently Still don't get this one. I am living in HK but I can't see the context.

To: Brian Sullivan who wrote (69722)	4/11/2003 2:30:43 PM
From: Sun Tzu	Read Replies (1) \| Respond to of 70976

One of the Morgan Stanley research guys once did a study on former colonies. His conclusion was that the British colonies that did well was because the British imposed a rule of law there. This is to say they taught the natives that cases should be decided on their own merits rather than what the king says (of course this applied only to judging between two natives and the Brits themselves were above the crowd). The countries that kept this rule of law (India, Singapore, HK) progressed. Those who did not fell apart. The conclusion was that before you invest in the developing world, rule number one must be to see how strong is the rule of law (rather than counting on stability and natural resources).