China didn't need to have ridiculously attractive taxes to catch up. Corporate taxes in China were ~33% when it was growing the fastest. Just having a low-cos

China didn't need to have ridiculously attractive taxes to catch up. Corporate taxes in China were ~33% when it was growing the fastest. Just having a low-cost labor force and scale and global politics not being anti-offshoring was enough. As China becomes more expensive, I'm not sure why Indonesia, Nigeria, Pakistan, Egypt, and/or Vietnam couldn't do something similar. India seems to be in that process. Unfortunately, if you're a small, poor country like Western Sahara - I don't think tax policies are enough to move the needle.