re: #444 laZardo

Maybe it’s an Eastern thing about discipline being key to success. It worked in Singapore, Japan and Korea.

It’s also interesting to note that according to the World Bank, East Asia is the most closed to foreign investment in the media sector.

Singapore is a fascinating case. In my experience, East Asians tend to view western attitudes about “open” or “closed” economies as highly hypocritical. There a bit sick of hearing westerners preach about how they should open their economies to the benefit of western countries. The theoretical argument that closed economies breed uncompetitive industries only goes so far. Of course, with increasing globalization and international corporations, the whole argument shifts center.