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See also: Samsung's Dangerous Dominance over South Korea https://youtu.be/oL0umpPPe-8
This is a pretty astonishing claim. The richest place in Asia is famously corruption-free Singapore, and it's blatantly obvious that corruption has held back neighboring countries like Malaysia (billions embezzled from 1MDB), Philippines, Indonesia, Thailand etc.
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I'd be interested in any research that backs up your point 1. Russia is not all that economically prosperous. Neither is Mongolia. Singapore and Taiwan are very much so. And Singapore is right on the equator.
russia is one of the wealthiest nation on earth and their economy is one of the strongest in the world because not related to inflated bubbles like tech or healthcare but to raw materials, natural resources, engineering, steel and other hard materials production. the war was supposed to sink them according to european leaders and yet they are stronger than ever.
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1. American presence in the DMZ is an immediate no-go when it comes to a plausible 'threat of invasion'. 2. Even if the US were not involved - If you think Russia invading Ukraine is a debacle, don't think too much about what North Korea trying to invade South Korea would look like.
Because South Korea is successful at what it does. If South Korea looked like Thailand it would be a different story. And that is part of why it doesn't. The Russian invasion of Ukraine is actually a good example. Just the other way around. What is happening to Russia is exactly what happens when you neglect your industry and population to the point that you no longer have enough of an advantage in equipment or peopl…
It just has the notable advantages of:
1. Being incredibly motivated to fight an existential defensive war.
2. Being the recipient of every surplus NATO armament under the sun. Its industrial capacity for war-making isn't located in within its borders.
It's true that Russia has significantly neglected its industry, but Ukraine has... Done the exact same thing. In a worse way, even - as despite inheriting a lion's share of Soviet industry, it didn't do anything with it.
(And to cycle back to North Korea, I'd like to point out that the economic rot in it is so deep, it's not even capable of feeding itself.)
[1] https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu...
[2] https://en.wikipedia.org/wiki/List_of_sovereign_states_in_Eu...
> In most places in the world, corruption tends to be growth-reducing, but this is much less true in East and Southeast Asia, where it tends to be growth-enhancing. This is a pretty astonishing claim. The richest place in Asia is famously corruption-free Singapore, and it's blatantly obvious that corruption has held back neighboring countries like Malaysia (billions embezzled from 1MDB), Philippines, Indonesia, Thail…
See also: Samsung's Dangerous Dominance over South Korea https://youtu.be/oL0umpPPe-8
That channel seems to specialize in clickbait. Are they merely stating the obvious, that Samsung makes up a huge % of their GDP? It starts with a comparison in land area to a US state.
This video is absolutely not just stating the obvious size of Samsung in the way you suggest.
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That channel seems to specialize in clickbait. Are they merely stating the obvious, that Samsung makes up a huge % of their GDP? It starts with a comparison in land area to a US state.
How exactly is it clickbait? The channel has generally quite well researched essays and the titles usually literally describe what's in the video, for example "The Incredible Logistics Behind Corn Farming" is about the logistics of corn farming. This video is absolutely not just stating the obvious size of Samsung in the way you suggest.
Earlier quoted context omitted.
That channel seems to specialize in clickbait. Are they merely stating the obvious, that Samsung makes up a huge % of their GDP? It starts with a comparison in land area to a US state.
How exactly is it clickbait? The channel has generally quite well researched essays and the titles usually literally describe what's in the video, for example "The Incredible Logistics Behind Corn Farming" is about the logistics of corn farming. This video is absolutely not just stating the obvious size of Samsung in the way you suggest.
> Real Life Lore, Polymatter and Wendover Productions have a >20% influence on the gross domestic production of YouTube's world politics explanation videos, and their coalition should really be kept in check to prevent excessive dependence /s
I think I've watched enough of these for the year. I was just hoping to get some insight without watching the video. Ah well.
Why did this "build" or strategy for lack of a better word work so well for Korea? They mention other countries that have adopted this model but haven't seen the phenomenal success Korea has seen over the past decades. What was the secret sauce?