Which South East Asian nation will rise to a Superpower status?
Which South East Asian nation will rise to a Superpower status?
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Indonesia.
>huge population
>most world trade flows through it
>proven oil reserves
Vietnam of course
None of them have a high enough population.
Im high enough ahaha esketit
>The land of indigenous malay
Lol
Filipinos are Latinos right?
I'm rootin' for 'Nam
None
We won't be able to overcome the middle income trap
Most of us are working outside the country.
Still not a high enough population.
Is it fun to have sex in vietnam
2019 GDP PPP per capita (in 1000 USD)
Top 4
> Singapore -- 96
> Brunei -- 62
> Malaysia -- 27
> Thailand -- 18
ASEAN Average 13: everyone else is below
None, and the IMF made sure of it during the 97 Asian Crisis
None of course
That was like more than 20 yrs ago. At some point, other countries would've pulled themselves up. It's not as if the '97 crash reset the region to zero
Nice fantasy
>We won't be able to overcome the middle income trap
What is that?
Vietnam, as a Chinese colony
The IMF forced SEA to adopt shareholder capitalism in the same way the Bank of Japan did it during the infamous Jap bubble. Take a good close look at how Japan has fared since then.
Where your nation hits like Ukraine-tier development and income then stagnates because it's no longer the cheapest nation to outsource to
>"It began as a currency crisis when Bangkok unpegged the Thai baht from the U.S. dollar, setting off a series of currency devaluations and massive flights of capital."
>"the Asian financial crisis revealed the state to be most inadequate at performing its historical regulatory functions and unable to regulate the forces of globalization or the pressures from international actors."
>"Most illustrative was the case of Indonesia, where the failures of the state helped to transform an economic crisis into a political one, resulting in the downfall of Suharto, who had dominated Indonesian politics for more than 30 years."
1. Thailand seems to have started it
2. It removed Suharto from Indonesia (thanks Thailand)
britannica.com
At that point wouldn't they have their own industries though
We already have industries but they're mostly low value. To overcome the middle-income trap you needs high-tech ones that produced high quality goods and make much more money. For that, you need good human resources (highly educated and qualified population) and technological base which Viet Nam will never obtain because of the shitty communist education system and the fact that we are backwards people in general. Look up our HDI and you'll get an idea of the challenges we have to face
Basically if you want to escape middle income trap, you have to become nation of innovation
but aren’t you viets smart? i get pinoys and malays are stupid low IQ races but you guys are practically chinks and do well in other countries
>shitty communist education system
Don't some people consider this a meme at this point?
>"You see they're not really communist; they're state capitalist."
>backwards people in general
Thought the picture Vietnam has from other countries is the small country that beat the US and China. Or maybe it's neighbors are just really underdeveloped compared to Vietnam
(Although the US might've won just like in Korea if it stayed for just a bit longer)
tbf, at least 1997 crisis makes the country at least a bit more independent financially than the new order era. IMF loan basically scared Indonesia and in response Indonesia is mostly domestic market now
China.
Indonesia. No need to debate. Its obvious
But you gave up gdp groth after imf deal in 1997