In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided to borrow a bit more and do even better.
Jeffrey D. SachsRelated topics
bit borrow early international living open quite well 1990s AsiaRelated quotes
When you talk with famous scholars, the best thing is to pretend that occasionally you do not quite understand them. If you understand too little, you will be despised; if you understand too much, you will be disliked; if you just fail occasionally to understand them, you will suit each other very well.
Lu Xun