Already Singapore is super-rich, Malaysia is on the cusp of being a developed country, and Thailand isn't too far behind!
1/Alright, let's talk about Southeast Asia! One of the most interesting stories in the world that tons of people are
Already Singapore is super-rich, Malaysia is on the cusp of being a developed country, and Thailand isn't too far behind!
The star performer, of course, is Vietnam, where incomes have almost quintupled since 1990.
Pretty much ALL of Southeast Asia is growing rapidly.
What's going on? What is the region getting right??
All of these countries have a lot of manufacturing exports, usually of labor-intensive goods like clothing. Even Indonesia, whose industrialization took a big hit after the 1997 crisis.
Southeast Asia (+Bangladesh) is fulfilling much of that demand.
They did a lot of different things...but maybe in the end the most important factor was that they were in the right place at the right time.
They have cheap wages.
And they have huge nearby sources of investment -- Japan, Taiwan, South Korea, and Singapore, with whom Southeast Asian countries have close ties.
"Be in the right place at the right time" is pretty useless advice...
Those early leaders can then be sources of inspiration, ideas, expertise, capital, and market demand for all the others.
It's one more big step toward making the entire human race materially comfortable and secure.
(end)
https://t.co/cqXNjLxxHJ
More from Noah Smith 🐇
This thread demonstrates that a lot of academic writing that *looks* like utter nonsense is merely scholars dressing up a useful but mundane point with a ton of unnecessary jargon.
My theory is that the jargon creates an artificial barrier to entry. https://t.co/MqLyyppdHl
If one must spend years marinating one's brain in jargon to be perceived as an expert on a topic, it protects the status and earning power of people who study relatively easy topics.
In econ, a similar thing is accomplished by what recent Nobel prize winner Paul Romer calls "mathiness": https://t.co/DBCRRc8Mir
But mathiness and jargon are not quite the same...
Jargon usually doesn't force you to change the substance of your central point.
Mathiness often does. By forcing you to write your model in a way that's mathematically tractable (easy to work with), mathiness often impoverishes your understanding of how the world really works.
has written about this problem:
Imagine for a moment the most obscurantist, jargon-filled, po-mo article the politically correct academy might produce. Pure SJW nonsense. Got it? Chances are you're imagining something like the infamous "Feminist Glaciology" article from a few years back.https://t.co/NRaWNREBvR pic.twitter.com/qtSFBYY80S
— Jeffrey Sachs (@JeffreyASachs) October 13, 2018
My theory is that the jargon creates an artificial barrier to entry. https://t.co/MqLyyppdHl
If one must spend years marinating one's brain in jargon to be perceived as an expert on a topic, it protects the status and earning power of people who study relatively easy topics.
In econ, a similar thing is accomplished by what recent Nobel prize winner Paul Romer calls "mathiness": https://t.co/DBCRRc8Mir
But mathiness and jargon are not quite the same...
Jargon usually doesn't force you to change the substance of your central point.
Mathiness often does. By forcing you to write your model in a way that's mathematically tractable (easy to work with), mathiness often impoverishes your understanding of how the world really works.
has written about this problem:
This is so dumb and incorrect and wrong it's unbelievable.
Facts.
Facts!!
FACTS FACTS
Moar
Secretary of State Mike Pompeo said the U.S. is quickly approaching \u201ca moment of crisis\u201d because of the \u201crecord number of migrants\u201d spilling into the country https://t.co/QuiWPcXswA
— POLITICO (@politico) October 20, 2018
Facts.
Facts!!
FACTS FACTS
Moar
More from World
Niger state shares borders with Zamfara, kebbi, Kaduna & Benin Republic. Terrorists from Niger republic and Burkina faso easily move money and arms across the borders of Kebbi, Zamfara and Benin R into Niger state. According to UN over 900,000 people have been displaced in B'Faso https://t.co/65YEMJhqDp
Niger, Mali and Burkina faso are weak countries populated by Shell terrorists who have now found a safe haven in the forests in Kaduna and Niger state. Birin Gwari, Mokwa forest, Nanati forests, Kanji lake areas.
No decent human resides permanently in forests.
We are facing both external and internal threats from these weak and failed countries we are surrounded with. As a senator you know that a FG police system with less than 300k officers can't actively police the landmass and borders in the North.
Form your state police now!
You and other senators should scrap the FG police system and devote the unaudited security votes and constituency allowance to policing your corridors and forests. Let the airforce bomb them and put your rangers in the forests. Issue an ultimatum for those in the forests to leave
You are all living in a dream if you think the current police structure will become efficient overnight.
Budget, Personnel, Technology, Equipment, Surveillance..It's impossible.
Form your state and community police and flush out the terrorists.
I am shocked and saddened by the attack on GSS, Kagara in Rafi LGA that led to the abduction of innocent schoolboys in Niger East. It is appalling that acts of violence against our educational institutions are becoming a norm & perpetrated on defenseless children.
— Senator Moh\u2019d Sani Musa (@MohdSaniMusa) February 17, 2021
Niger, Mali and Burkina faso are weak countries populated by Shell terrorists who have now found a safe haven in the forests in Kaduna and Niger state. Birin Gwari, Mokwa forest, Nanati forests, Kanji lake areas.
No decent human resides permanently in forests.
We are facing both external and internal threats from these weak and failed countries we are surrounded with. As a senator you know that a FG police system with less than 300k officers can't actively police the landmass and borders in the North.
Form your state police now!
You and other senators should scrap the FG police system and devote the unaudited security votes and constituency allowance to policing your corridors and forests. Let the airforce bomb them and put your rangers in the forests. Issue an ultimatum for those in the forests to leave
You are all living in a dream if you think the current police structure will become efficient overnight.
Budget, Personnel, Technology, Equipment, Surveillance..It's impossible.
Form your state and community police and flush out the terrorists.
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1/Politics thread time.
To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.
2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.
3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.
That suggests there is still SOME grassroots support for democracy that transcends
4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an
5/OK, now the bad news.
We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
To me, the most important aspect of the 2018 midterms wasn't even about partisan control, but about democracy and voting rights. That's the real battle.
2/The good news: It's now an issue that everyone's talking about, and that everyone cares about.
3/More good news: Florida's proposition to give felons voting rights won. But it didn't just win - it won with substantial support from Republican voters.
That suggests there is still SOME grassroots support for democracy that transcends
4/Yet more good news: Michigan made it easier to vote. Again, by plebiscite, showing broad support for voting rights as an
5/OK, now the bad news.
We seem to have accepted electoral dysfunction in Florida as a permanent thing. The 2000 election has never really
Bad ballot design led to a lot of undervotes for Bill Nelson in Broward Co., possibly even enough to cost him his Senate seat. They do appear to be real undervotes, though, instead of tabulation errors. He doesn't really seem to have a path to victory. https://t.co/utUhY2KTaR
— Nate Silver (@NateSilver538) November 16, 2018
