Top of the class
"The rapid economic development of Asia since World War II — starting with Japan, South Korea, and Taiwan, then extending to Hong Kong and Singapore, and finally taking hold powerfully in India and mainland China -- has forever altered the global balance of power. These countries recognize the importance of an educated work force to economic growth, and they understand that investing in research makes their economies more innovative and competitive."
This was written by Richard S Levin, the President of Yale University in an article in "Foreign Affairs" a couple of months ago. He continues:
"Today, China and India have an even more ambitious agenda. Both seek to expand their higher-education systems, and since the late 1990s, China has done so dramatically. They are also aspiring to create a limited number of world-class universities.
They are making progress by investing in research, reforming traditional approaches to curricula and pedagogy, and beginning to attract outstanding faculty from abroad. Many challenges remain, but it is more likely than not that by midcentury the top Asian universities will stand among the best universities in the world."
Levin has a fairly good analysis, however, it seem that he does not like how things develop. Levin is also sending the message that, in order to maintain position as the worlds leading country throughout this century, the US government has to invest more in research and higher education!