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by dmix 1351 days ago
What's the difference between China, India, and the early western country vs these countries then? Why is this unique to a limited subset who have the potential become a big player in manufacturing?

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.

1 comments

>What's the difference between China, India, and the early western country vs these countries then? Why is this unique to a limited subset who have the potential become a big player in manufacturing?

Mostly revenues from natural ressources. Rents allows much more centralized control of the political and economical equilibrium in the country. And it's easier to manage.

Despotic regimes that industrialize (like China or Vietnam) usually do it out of necessity : either because they can't make enough out of natural ressources to provide sufficiently to their subjects or because they need to have some level of strategic independence.

But they do see a dynamic economy as a threat.