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1) se asia is a much more densely populated region, making infrastructure cheaper per capita to produce (some things scale better, most do not) and 2) se asia h
by ForTheKidz 2y ago
1) se asia is a much more densely populated region, making infrastructure cheaper per capita to produce (some things scale better, most do not) and 2) se asia has capital flowing through it at a far higher volume, mostly because of manufacturing.
I can't speak to why there historically hasn't been as much manufacturing in Africa—I'm guessing it's just cheaper to colocate with others for lower costs across the board?
Regardless, (neo)colonialism does dominate both regions—it's a hard state to avoid if you want to interact with a global economy at a deep financial disadvantage.
- alephnerd 2y ago> se asia is a much more densely populated region, making infrastructure cheaper per capita to produce Most of South East Asia has developmental indicators comparable to most of Sub Saharan Africa. Sub Saharan Africa has plenty of basket cases (DRC, CAR, Mozambique), but it also has plenty of countries on the same general trajectory as South East Asian countries (Kenya, Nigeria, Uganda, Tanzania, Senegal). "Africa" and "Asia" is broad and it's dumb ti compare the two. > se asia has capital flowing through it at a far higher volume, mostly because of manufacturing Not exactly. Much of South East Asia has strong capital market integrations with Singapore, Hong Kong, Japan, and South Korea which makes it easier for liquid capital to flow. African nations that have integrated their capital markets with foreign markets open to taking risks in LDCs (UAE, China, India) have seen a leapfrogging in economic capabilities. You see this with Ethiopia, Nigeria, Kenya, and Uganda. > se asia What do you mean by SEA? And what do you mean by East Asia?
- lurk2 2y ago> Most of South East Asia has developmental indicators comparable to most of Sub Saharan Africa. Africa GDP Per Capita (2023) Kenya: 1,952.30 USD Nigeria: 1,596.64 USD Uganda: 1,002.31 USD Tanzania: 1,224.49 USD Senegal: 1,706.44 USD South East Asia GDP Per Capita (2023) Brunei: 32,962.91 USD Myanmar: 1,233.20 USD Cambodia: 2,429.75 USD Timor-Leste: 1,502.52 USD Indonesia: 4,8976.31 USD Laos: 2,066.95 USD Malaysia: 11,379.09 USD The Philippines: 3,804.87 USD Singapore: 84,734.26 USD Thailand: 7,182.03 USD Vietnam: 4,282.09 USD Africa HDI (2022) Kenya: 0.601 Nigeria: 0.548 Uganda: 0.550 Tanzania: 0.532 Senegal: 0.517 South East Asia HDI (2022) Brunei: 0.823 Myanmar: 0.608 Cambodia: 0.6 Timor-Leste: 0.566 Indonesia: 0.713 Laos: 0.620 Malaysia: 0.807 The Philippines: 0.710 Singapore: 0.949 Thailand: 0.803 Vietnam: 0.726 Africa Under-Five Mortality (2020, Estimates): Kenya: 29.8 Nigeria: 59.8 Uganda: 32.6 Tanzania: 36.4 Senegal: 45.7 South East Asia Under-Five Mortality Rates (2020, Estimates): Brunei: 8.8 Myanmar: 31.7 Cambodia: 43.7 Timor-Leste: 31.7 Indonesia: 20.4 Laos: 45.6 Malaysia: 11.4 The Philippines: 20.0 Singapore: 2.3 Thailand: 8.6 Vietnam: 15.7