I am delighted to share the launch of Dr. Richard Rahn’s television documentary series “Improbable Success: Free Markets at Work” (www.improbablesuccessproductions.com). Richard is Chairman of the Institute for Global Economic Growth, and serves on the editorial board of the Cayman Financial Review.
At a time, when policies are increasingly encountering limits, Richard’s reflection on prior success stories is refreshing. At a minimum, contemplation of these ideas is vital, if we want to emerge from the present low growth trap.
Richard let us know that “For the past 17 years I have been writing a weekly column which appears in the Washington Times and many other places – and the world has only become worse. So, I decided that it might be useful to produce films of successful countries and the results of following good economic policies.”
The TV broadcast begins this Sunday, June 12 in 42 U.S. markets. Watch as Richard and journalist Emerald Robinson travel around the globe looking at unlikely success stories in countries that have beat the odds to become an improbable success. Chile, Switzerland and Estonia are the first three to be filmed.
I especially look forward to the show on Chile. I had the privilege of a front row seat watching the Chilean miracle unfold – from working on the nation’s last debt restructuring agreement to advising investors and corporates on trading and long-term investment strategies. In fact, CFS Advisory Board Member Eduardo Aninat deserves much credit for steering and guiding Chile to growth during his tenure as Finance Minister.
Singapore is another wonderful story. Nearly ten years ago, I heard Lee Kuan Yew engagingly discuss the varying struggles and ultimate drivers of his nation’s success at the Singapore Economic Club. These ideas and many others are chronicled in his book “From Third World to First: The Singapore Store: 1965-2000.”
Needless to say, I look forward to watching the “Improbable Success” and thank Richard and Emerald in advance, for their work. Specific viewing times and further information, visit Improbable Success Productions website (www.improbablesuccessproductions.com).