This was an amazing series to read, I'd always be waiting for the emails to show up on my inbox, and every day I'd get one, I'd be waiting the entire day to finally lay on my bed and read it.
I'm from Bangladesh, and your first post was the first one I ever read from you, you made a young fan on that day.
I'd like to hear your thoughts on Bangladesh today, as a country with it's security forces sanctioned by the US, human rights watchdogs calling it out on a regular basis and the state of its reciepts as we suffer from a dollar shortage in the Banks. I'm hopeful we'll get through the problems soon enough, the people are definitely proven their resilience throughout our history.
Your posts on developing countries inspired me to do my own! I loved your post on Ghana. I'm a Ghanaian-American who writes about African nation's economic/historical development. I plan to do all of them. And plan to write a 2nd article about the last 10 years when 2022 economic data comes out:
Maybe I read too much sports but I couldn't help seeing this excellent analysis/list as a tournament bracket like NCAA March Madness -- where countries hypothetically vie to claim "most promising economy" of the moment. Is India the favorite? Can Indonesia spoil the party? ;-)
If you are going the resource-rich route, maybe you would consider one of the biggest puzzles of South America: Argentina. From hyper-inflation to a currency board to currently 95% inflation rate... Why?
Have you derived, maybe I should study more above, any fundamentals?
For example, China was able to leap ahead in developing its economy (pun intended), by purchasing state of the art Design, Engineering software, machine tools and processing equipment sparkling new, sophisticated and cutting edge. 20 years ago, I was at Foxconn where they demonstrated from 0 to design, analysis, tool paths and layout, tool build and production of cell phone cases in.. 6 days. Wow!
So one good fundamental is that developing countries can jump into the technology stream right where it is "current". No need to use old tech.
Second thought is, it seems the right path to be an insource nation, building those skills up with the aid the customer.
Third, how long and I think its rare, do these nations take to begin incubation of their own self-development of new compaines?
Interesting posts on how countries grow economically. May I suggest a contrarian post ? How about writing on what happened in oil producer country Venezuela ? From exporting electricity and gasoline among other thigs, gasoline as cement is now imported, electricity is rationed. Its a country that has reduced its agriculture and industrial output. Javier
In your look at states I hope you include NC. The GOP legislature incessantly puts out PR about creating an economic powerhouse via corporate tax cuts but the actual data shows us trailing the national average, the South East average and our neighboring states.
Amazing series, Noah! I've shared it to a lot of people in government offices here in Colombia.
That's why I would recommend a post on Colombia! It's a pretty interesting case: the most stable macroeconomic growth in South America, the steadiest democracy in Latin American history, not one default or hyperinflation episode in a century, and while having a long standing civilian conflict in rural areas -besides the narco-terrorism in the 80s-.
Regardless, it has a meger growth compared to Chile, exports are way less diversified than Perú or México, poverty hasn't decreased as fast as in Brazil, and Argentina has stronger manufacturing sector even if you account for its chronic inflationary issues. Although Colombia has some key potential: a robust system of cities (77% aprox. of its population is urban), two oceans, a top notch independent central bank and economic institutions, a troubled but hopeful peace implementation process, etc.
In analyzing your excellent series of blog posts, it would be interesting to see the political, economic, and personal freedom profile of each country as well as how much of their output is sent to the US.
We literally charge nothing for access to the US market. We should use US market access as a sharp edge to inflict pain on Communist countries and to reward countries leaning toward any semblance of democratic reform.
Great work. Would you be interested in a study of tourism? Most of what I read simply talks of the direct economic effects - foreign exchange, jobs and all. I wonder about social effects. I’m also always uncomfortable about the need for continuing government spending required.
This was an amazing series to read, I'd always be waiting for the emails to show up on my inbox, and every day I'd get one, I'd be waiting the entire day to finally lay on my bed and read it.
I'm from Bangladesh, and your first post was the first one I ever read from you, you made a young fan on that day.
I'd like to hear your thoughts on Bangladesh today, as a country with it's security forces sanctioned by the US, human rights watchdogs calling it out on a regular basis and the state of its reciepts as we suffer from a dollar shortage in the Banks. I'm hopeful we'll get through the problems soon enough, the people are definitely proven their resilience throughout our history.
Your posts on developing countries inspired me to do my own! I loved your post on Ghana. I'm a Ghanaian-American who writes about African nation's economic/historical development. I plan to do all of them. And plan to write a 2nd article about the last 10 years when 2022 economic data comes out:
Gabon: https://yawboadu.substack.com/p/the-economy-and-history-of-gabon
Mozambique: https://yawboadu.substack.com/p/economic-and-geopolitical-history
Botswana: https://yawboadu.substack.com/p/botswanas-economy-in-nine-minutes
Ivory Coast: https://yawboadu.substack.com/p/history-of-cote-divoireivory-coast
A lot of work was put into this series and the next one looks valuable too.
Maybe I read too much sports but I couldn't help seeing this excellent analysis/list as a tournament bracket like NCAA March Madness -- where countries hypothetically vie to claim "most promising economy" of the moment. Is India the favorite? Can Indonesia spoil the party? ;-)
If you are going the resource-rich route, maybe you would consider one of the biggest puzzles of South America: Argentina. From hyper-inflation to a currency board to currently 95% inflation rate... Why?
Very cool!
Have you derived, maybe I should study more above, any fundamentals?
For example, China was able to leap ahead in developing its economy (pun intended), by purchasing state of the art Design, Engineering software, machine tools and processing equipment sparkling new, sophisticated and cutting edge. 20 years ago, I was at Foxconn where they demonstrated from 0 to design, analysis, tool paths and layout, tool build and production of cell phone cases in.. 6 days. Wow!
So one good fundamental is that developing countries can jump into the technology stream right where it is "current". No need to use old tech.
Second thought is, it seems the right path to be an insource nation, building those skills up with the aid the customer.
Third, how long and I think its rare, do these nations take to begin incubation of their own self-development of new compaines?
Interesting posts on how countries grow economically. May I suggest a contrarian post ? How about writing on what happened in oil producer country Venezuela ? From exporting electricity and gasoline among other thigs, gasoline as cement is now imported, electricity is rationed. Its a country that has reduced its agriculture and industrial output. Javier
Wasn't there a Nigeria post?
In your look at states I hope you include NC. The GOP legislature incessantly puts out PR about creating an economic powerhouse via corporate tax cuts but the actual data shows us trailing the national average, the South East average and our neighboring states.
Very interesting. Are you planning to write something about the development story of Spain?
Amazing series, Noah! I've shared it to a lot of people in government offices here in Colombia.
That's why I would recommend a post on Colombia! It's a pretty interesting case: the most stable macroeconomic growth in South America, the steadiest democracy in Latin American history, not one default or hyperinflation episode in a century, and while having a long standing civilian conflict in rural areas -besides the narco-terrorism in the 80s-.
Regardless, it has a meger growth compared to Chile, exports are way less diversified than Perú or México, poverty hasn't decreased as fast as in Brazil, and Argentina has stronger manufacturing sector even if you account for its chronic inflationary issues. Although Colombia has some key potential: a robust system of cities (77% aprox. of its population is urban), two oceans, a top notch independent central bank and economic institutions, a troubled but hopeful peace implementation process, etc.
In analyzing your excellent series of blog posts, it would be interesting to see the political, economic, and personal freedom profile of each country as well as how much of their output is sent to the US.
We literally charge nothing for access to the US market. We should use US market access as a sharp edge to inflict pain on Communist countries and to reward countries leaning toward any semblance of democratic reform.
JLM
www.themusingsofthebigredcar.com
Great work. Would you be interested in a study of tourism? Most of what I read simply talks of the direct economic effects - foreign exchange, jobs and all. I wonder about social effects. I’m also always uncomfortable about the need for continuing government spending required.
I loved this series. I understand American authors are writing for an American audience.
But there's a big wide world out there!
This is an excellent series, and is the kind of work that keeps me a subscriber. I appreciate all the effort that went into them.
I'd buy this book