Leadership, Economy, and Fiber Optics

Thanks to Benoit Felten, this article by Andrew Schmitt of  Nyquist Capital : "The Proving Ground of NTT", or how Japan expect to reach 100% broadband coverage, 90% of which to be ultra-high speed (read : fiber-based) by 2010.

In the early 90's, the Japanese economy crashed. Fifteen or so years later, Japan is back in the Top-5 concert of leading nations. Since fifteen years or so, Japan is building a truly broadband infrastructure. There is a strong link between those two facts : nationwide networks construction creates and maintains jobs, whilst thus available high-speed links helps creating new products & services, hence new jobs. A virtuous circle that propels the Economy.