Fifty-five per cent of Taiwanese were illiterate at the end of the Second World War; the figure was still 45 per cent in 1960. Literacy in South Korea in 1950 was lower than in contemporary Ethiopia. It may be that, more than education leading to economic progress, economic progress leads families to educate their children, which in turn makes more economic progress possible.
Switching up the format to show a book cover whenever starting a new series of passages from a book. Since we’re much more like to memorize visuals, a book cover might help users better link some of these insights to a book.
This short passage is from How Asia Works, which i’ll be sharing some passages of how certain areas in Asia have succeeded economically, and how others have not. What economists have gotten right about in this region, and how others have not.