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That is only a small part of it. Most developing countries either sacrifice living wages, environment protections and worker safety deliberately, or have no str
by netheril96 10y ago
That is only a small part of it. Most developing countries either sacrifice living wages, environment protections and worker safety deliberately, or have no strong governments to enforce those things, yet few are as successful as China.
- analog31 10y agoI think that "no strong governments" is the key. At the very least, manufacturing business needs strong government in order to maintain reasonable stability. It doesn't necessarily have to be a particularly nice government, though a nice government (at least at some minimal level, not trying to be too optimistic here) may be necessary for a robust consumer market.