India needs a genuine pro-market leader who can rise above empty political rhetoric of reform
After serving more than two decades in Hong Kong as a civil servant of the British Colonial Administrative Service, John James Cowperthwaite took over as the city’s financial secretary in 1961. At that time, the city had a population of over 3 million—consisting mainly of poor refugees from mainland China—whose living standards were lower than that of many African nations. Where most others would intervene to help the poor, Cowperthwaite decided to do nothing. “I came to Hong Kong and found the economy working just fine. So, I left it that way," he said.
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