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Old 02-28-2012, 07:42 AM
 
Location: The western periphery of Terra Australis
24,544 posts, read 56,169,868 times
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I'm not going to dig up figures or crunch any numbers, but feel free to if you want to add shape to the picture. I'm just going by things like an estimation of GDP/quality of life, development, economic prominence, cultural prominence.etc...


In the past 20 years, I think within Asia China and Vietnam have been the big movers and shakers. As late as 1990 both were poor, closed off, very much rural societies - Vietnam is still behind the PRC in this respect, but it has made enormous leaps and bounds since 1990. In the late 70s and 80s Vietnam was one of the poorest nations in the world with the threat of mass starvation looming. China suffered mass starvation and other problems during the rule of Mao but on the basis of this industrialization started to boom from the 1970s onwards.

The UAE, of course, is another example. Dubai has basically sprung out of the desert in the past 20 years like a desert flower after the rains. India is often listed as an example, although the change is mainly seen in the main cities like Mumbai or Bangalore.

Latin America seems to actually have declined but I'm not sure. Not really sure about the situation there.

The US and Japan are two world powers which have declined since 1990. Japan's economy hasn't shown any growth since then, I believe. Taiwan, Singapore etc seem to be holding steady. Malaysia saw a strong period in the 1990s with a lot of development.

Australia and Canada have been fairly strong since the 1970s...Australia is currently still in a boom period, having weathered the GFC fairly well. Both attract many immigrants. New Zealand might have some troubled times ahead with high unemployment a loss of the workforce.

It's my impression the UK has lost some of it's stature, while Southern Europe has suffered somewhat...note Greece and to a lesser extent Italy. Not sure about France and Germany, they seem to be holding up a bit better.

Since the collapse of the Soviet Union Russia was in a slump but there are signs their fortunes might be reversing.

Africa, sadly, seems as bad as ever. South Africa is resource rich but plagued by many problems. Independence from colonial rule just brought new problems.

Iraq, Afghanistan, Uganda and North Korea are sadly examples of nations that seemed little changed since then.
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Old 02-28-2012, 08:21 AM
 
Location: Fortaleza, Northeast of Brazil
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Quote:
Originally Posted by Trimac20 View Post

Latin America seems to actually have declined but I'm not sure. Not really sure about the situation there.



No way, man... Latin America now is waaaaaaaaaaaay better than 20 years ago.

Oh, wait... I'm talking about SOUTH American. Not sure about Central America...

South America has boomed in the past 10 years (not in the 90's, only after the year 2000).

South American countries have a much stronger economy now than 10 years ago, in 2002.
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Old 02-28-2012, 08:26 AM
 
Location: The western periphery of Terra Australis
24,544 posts, read 56,169,868 times
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Quote:
Originally Posted by MalaMan View Post
No way, man... Latin America now is waaaaaaaaaaaay better than 20 years ago.

Oh, wait... I'm talking about SOUTH American. Not sure about Central America...

South America has boomed in the past 10 years (not in the 90's, only after the year 2000).

South American countries have a much stronger economy now than 10 years ago, in 2002.
That's really good to know...for some reason I read about inflation in Argentina and crime in Brazil and assumed it was in bad shape, but it's good to be enlightened. Maybe I'll realise my dream of teaching English in Peru or Ecuador one day...
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Old 02-28-2012, 08:52 AM
 
Location: Leeds, UK
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Most Western/Developed nations have experienced some decline..

The UK tends to have frequent booms and busts unfortunately.. we were in the crapper in the 70's/80's, we had a boom in the late 90's/early 00's - at this point, our unemployment rate was in the top 5 lowest in Europe.. then we had a bust.. right now..

Japan is a bit weird. They are definitely declining in my opinion, their debt is massive and their economy shrank by more then 2%.

USA has an ever growing debt that is unsustainable..

NZ economy is quite poor I believe, slow growth, there was even talk of bankruptcy (but I don't think this was ever going to happen) and has lost many people to Australia.

Australia is in a boom, but it'll crash eventually. Those house prices are ridiculous.
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Old 02-28-2012, 11:59 AM
 
Location: Buenos Aires, Argentina
5,874 posts, read 10,550,470 times
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Quote:
Originally Posted by Trimac20 View Post
That's really good to know...for some reason I read about inflation in Argentina and crime in Brazil and assumed it was in bad shape, but it's good to be enlightened. Maybe I'll realise my dream of teaching English in Peru or Ecuador one day...
Argentina is way better now than 20 years ago. In every way.
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Old 02-28-2012, 12:09 PM
 
Location: Fortaleza, Northeast of Brazil
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Quote:
Originally Posted by SophieLL View Post
Argentina is way better now than 20 years ago. In every way.

And much better than 10 years ago, in 2002, after Fernando De La Rua destroyed the country's economy with the IMF policies....
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Old 02-28-2012, 12:09 PM
 
Location: Leeds, UK
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Argentina has come a long way from when over 50% of people lived in poverty to less then 20% today. Well done
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Old 02-28-2012, 12:14 PM
 
Location: Fortaleza, Northeast of Brazil
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I don't like to discuss politics, but, let's be fair, people...

South America is waaaaay better now than 10 years ago... What happened in the past 10 years? Well...


- Lula (Brazil)

- Nestor and Cristina Kirchner (Argentina)

- Tabare Vazquez (Uruguay)

- Fernando Lugo (Paraguay)

- Evo Morales (Bolivia)

- Rafael Correa (Ecuador)



Guess what all those people have in common....
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Old 02-28-2012, 12:14 PM
 
Location: Chicago, IL
771 posts, read 1,399,937 times
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In Latin America, Chile, Brazil, Argentina, Ecuador, Uruguay, Costa Rica, Panama and Colombia are doing much better.

Although Brazil still has a lot of crime, it has been declining.

On the other hand Puerto Rico and Mexico have seen to declined.
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Old 02-28-2012, 12:18 PM
 
Location: Chicago, IL
771 posts, read 1,399,937 times
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Quote:
Originally Posted by MalaMan View Post
I don't like to discuss politics, but, let's be fair, people...

South America is waaaaay better now than 10 years ago... What happened in the past 10 years? Well...


- Lula (Brazil)

- Nestor and Cristina Kirchner (Argentina)

- Tabare Vazquez (Uruguay)

- Fernando Lugo (Paraguay)

- Evo Morales (Bolivia)

- Rafael Correa (Ecuador)




Guess what all those people have in common....
Yes they are socialist, but I disagree with certain aspects. Kirchner's there is a lot of corruption from them and Correa has gone a little too far. I have family in Ecuador who voted for him, but now he is gaining way too much power, putting individuals on a black list who are against his party. My cousin specifically, who is not allowed to be hired by any company or organization in the country as she has become vocal about being against him.

IMO the best from that batch is Lula, who was terrific. The others have done a good job of helping the economy, but some of their actions poltically have been dicatorish or corrupt...
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