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by argsv
1351 days ago
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You’re assuming that leaders of these countries are largely benevolent. They’re optimizing for their own interests. Bringing manufacturing into these countries will only introduce new competitors to their rule over time. Think of Saudi for instance, they can bring manufacturing and they import workforce if necessary from India , Africa, Asia and Europe but they won’t. They’re happy with the oil sector because that’s easy to control. |
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Nigeria is projected to have a population in the top 3 (china, india, then nigeria) in the next 30yrs. The population excuse will soon not be good enough anymore.
https://www.thisdaylive.com/index.php/2022/08/12/fg-by-2050-...
A strong culture of corruption and self-interested politicians is pretty common but I feel like there's some lack of proper messaging or a lack of simple interest in having big goals. There seems to be a defeatist culture in many of these places, where they are so used to the status quo they forget they still have a choice if enough people cared.
Maybe brain drain is the true killer in our global economy. The smart kids don't even bother, they just move to the west or help India/China.