3 ms·
> To my knowledge ... the improvement meant that millions of people were lifted from far-below-western to only-slightly-below-western living standards. Hong Ko
by d_burfoot 8y ago
> To my knowledge ... the improvement meant that millions of people were lifted from far-below-western to only-slightly-below-western living standards.
Hong Kong and Singapore are substantially above Western living standards. Singapore has a PPP-adjusted GDP per capita of $90K/year, which is more than double the UK. Compared to the US, SG has better education, better health outcomes, radically lower crime and imprisonment, lower unemployment, higher incomes, and incomparably better infrastructure, all while spending only about 17% of GDP on government. Similar statements are true for Hong Kong, though it is no longer such a radical outlier, since it is under the control of Beijing.
https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)...
https://www.hoover.org/research/hong-kong-experiment https://www.hoover.org/research/hong-kong-experiment
https://en.wikipedia.org/wiki/List_of_countries_by_life_expectancy https://en.wikipedia.org/wiki/List_of_countries_by_life_expe...