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by mc32
18 days ago
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Singapore, like other ex-Colonies in SEAsia prove that having been a colony is not an excuse for not doing well. HK, Singapore, Taiwan, South Korea were heavily colonized yet after emerging as independent states were able to overcome difficulties, educate their people, take what they learned from their colonizers and have become leading economies of the world. Governance is more important than one’s history when it come to success of a country. |
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Regardless many of the strategies these countries used are increasingly difficult for low income countries to do as these countries (China is the biggest example) themselves are protective of these industries, there's no push for globalizing and as factories got increasingly automated.
That's not to say that I believe governance isn't important but the one's history is important for governance itself.