What Fueled the 'East Asian Miracle'?
21–28 of 28 posts
Re: What Fueled the 'East Asian Miracle'?
#22This starts in the 50s and and seems they argue for Land Reform. Maybe that was part of it. But I say these are far better reasons: 1. A local government friendly to the US. Gov type did not matter. 2. US Workers starting to want medical benefits, by the late 60s, hardly anyone would take a job without benefits. This includes sick time. 3. Environment Controls starting in the 60s. I think this is a big one. 4. High W…
ROC is Republic of China, which is the government that started in 1911 and currently has its actual seat of government in Taipei, ruling over all of Taiwan province and some parts of Fujian province (Kinmen, Matsu). On paper, ROC still claims all the other provinces of China.
PRC is People's Republic of China, which is the government that started in 1949, currently has its seat of government in Beijing, and rules mainland China and most of Fujian province. On paper, PRC claims all provinces of China, including Taiwan province as well as the parts of Fujian province that are currently part of ROC.
Western outsourcing to ROC occurred much earlier than the 90s.
Re: What Fueled the 'East Asian Miracle'?
#23I'm guessing the article never once mentions a 106 average IQ.
[0] - https://www.ncbi.nlm.nih.gov/pmc/articles/PMC3834612/
[1] - https://www.sciencedirect.com/science/article/abs/pii/S01918...
[2] - https://www.nbcnews.com/think/opinion/iq-rates-are-dropping-...
Re: What Fueled the 'East Asian Miracle'?
#24From the title, and skimming over this article, I notice an irony: the analysis is "short" by Eastern standards They're only talking about the last 100-200 years. That's significant on the American time scale, but insignificant on a Chinese one. It's interesting to me that older cultures like the Chinese, Japanese, and the Maya view history as cyclical, while Americans tend to have more a narrative of "linear progres…
> Roughly speaking, China had the largest GDP in the world for more than 1000 years For a continuous duration of nearly 1700 years from the year 1 CE, India was the world's largest economy, constituting 35 to 40% of the world GDP. https://en.wikipedia.org/wiki/Economy_of_India
China and India between them counted for at least half of humanity during that period, and probably more. No wonder they were the largest economies.
Re: What Fueled the 'East Asian Miracle'?
#25Earlier quoted context omitted.
> Roughly speaking, China had the largest GDP in the world for more than 1000 years For a continuous duration of nearly 1700 years from the year 1 CE, India was the world's largest economy, constituting 35 to 40% of the world GDP. https://en.wikipedia.org/wiki/Economy_of_India
In a pre-industrial economy, size of your economy was dependent on a) having a lot of peasants, b) having a lot of reasonably fertile soil. China and India between them counted for at least half of humanity during that period, and probably more. No wonder they were the largest economies.
c) Having lots of ships, sailors and powerful army (many in Europe)
d) Being a trading hub (Italy)
e) Having access to lots of valuable metals, salt, gold (richest person in history was Mansa Musa, King of Mali)
Re: What Fueled the 'East Asian Miracle'?
#26Earlier quoted context omitted.
In a pre-industrial economy, size of your economy was dependent on a) having a lot of peasants, b) having a lot of reasonably fertile soil. China and India between them counted for at least half of humanity during that period, and probably more. No wonder they were the largest economies.
You are forgetting.. c) Having lots of ships, sailors and powerful army (many in Europe) d) Being a trading hub (Italy) e) Having access to lots of valuable metals, salt, gold (richest person in history was Mansa Musa, King of Mali)
Re: What Fueled the 'East Asian Miracle'?
#27This starts in the 50s and and seems they argue for Land Reform. Maybe that was part of it. But I say these are far better reasons: 1. A local government friendly to the US. Gov type did not matter. 2. US Workers starting to want medical benefits, by the late 60s, hardly anyone would take a job without benefits. This includes sick time. 3. Environment Controls starting in the 60s. I think this is a big one. 4. High W…
Where you twice mention ROC, I think you instead meant PRC. ROC is Republic of China, which is the government that started in 1911 and currently has its actual seat of government in Taipei, ruling over all of Taiwan province and some parts of Fujian province (Kinmen, Matsu). On paper, ROC still claims all the other provinces of China. PRC is People's Republic of China, which is the government that started in 1949, cu…
Re: What Fueled the 'East Asian Miracle'?
#28This starts in the 50s and and seems they argue for Land Reform. Maybe that was part of it. But I say these are far better reasons: 1. A local government friendly to the US. Gov type did not matter. 2. US Workers starting to want medical benefits, by the late 60s, hardly anyone would take a job without benefits. This includes sick time. 3. Environment Controls starting in the 60s. I think this is a big one. 4. High W…
PRC?