"I think a major cause of present Asian economic difficulties that mainly come from, you know, lack of market economy."

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Three women were brought to the Singapore General Hospital, each in the same condition and needing a blood transfusion. The first, a Southeast Asian was given the transfusion but died a few hours later. The second, a South Asian was also given a transfusion but died a few days later. The third, an East Asian, was given a transfusion and survived. That is the X factor in development.

— Lee Kuan Yew