Emerging Regions: South America vs Southeast Asia (quality of life, housing)
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that country profile was probably written years ago. Venezuela's situation worsens fast.
for one, infant mortality in Venezuela was estimated as 61 children per every 1000 born. Guatemala is 23 for every 1000 born children.
FAO estimated the % of undernourished people in Guatemala in 15% in 2015. Estimations show the level of child undernourishment in Venezuela in 45%, as of 2018.
the situation in the Northern Triangle has been complicated for decades, but Venezuela is a whole level now, thanks to socialist policies.
Violence is less severe in SE Asia (though the Philippines is quite violent), but poverty is equally bad, if not worse.
Singapore's inequality is pretty awful for a developed country. Obviously there isn't any place that reaches Brazil's level, but a Gini coefficient of >40 is not a good figure to have.
The US has virtually the same gini coefficient as Singapore.
Singapore has a high gini coefficient in part because it is a city-state. Cities (think NYC) tend to have a higher gini coefficient than their respective countries as a whole. Actually, Singapore has a lower gini coefficient than NYC.
New York State has a gini coefficient significantly higher than Singapore, at a whopping .5229.
that country profile was probably written years ago. Venezuela's situation worsens fast.
for one, infant mortality in Venezuela was estimated as 61 children per every 1000 born. Guatemala is 23 for every 1000 born children.
FAO estimated the % of undernourished people in Guatemala in 15% in 2015. Estimations show the level of child undernourishment in Venezuela in 45%, as of 2018.
the situation in the Northern Triangle has been complicated for decades, but Venezuela is a whole level now, thanks to socialist policies.
No, they are recent. The poor nourishment level of Guatemalans is far worse than 15%. 50% of Guatemalans live in extreme poverty. Those are not estimations. So because Guatemala has been poorer for longer we shouldn't care? Oh right I forgot in Latin America it is only ok to **** on leftist governments, Right wing governments get a pass for their atrocities.
No, they are recent. The poor nourishment level of Guatemalans is far worse than 15%. 50% of Guatemalans live in extreme poverty. Those are not estimations. So because Guatemala has been poorer for longer we shouldn't care? Oh right I forgot in Latin America it is only ok to **** on leftist governments, Right wing governments get a pass for their atrocities.
it's not that "we shouldn't care", I was just questioning your assumption that Venezuela is in better shape than these countries. Socialism caused a huge humanitarian crisis in Venezuela that has no correlation in any other LatAm country.
According to this, 59% of Guatemalans live under poverty line. It's a lot, but in Venezuela, 90% of people is now under poverty line.
There's only estimations for Venezuelan humanitarian crisis because their socialist government stopped releasing national statistics years ago.
The US has virtually the same gini coefficient as Singapore.
Singapore has a high gini coefficient in part because it is a city-state. Cities (think NYC) tend to have a higher gini coefficient than their respective countries as a whole. Actually, Singapore has a lower gini coefficient than NYC.
New York State has a gini coefficient significantly higher than Singapore, at a whopping .5229.
That says more about the US than it says about Singapore.
Southeast Asia definitely has the upper hand at the moment. It’s more stable overall and has experienced greater levels of development. Singapore, KL, Jakarta and HCMC are indistinguishable from what they were 30 years ago.
To be fair though, I’ve always found the comparisons between the two areas to be somewhat misplaced. SE Asia covers a small area of Asia whereas SA is an entire continent and covers far more ground.
Southeast Asia definitely has the upper hand at the moment. It’s more stable overall and has experienced greater levels of development. Singapore, KL, Jakarta and HCMC are indistinguishable from what they were 30 years ago.
To be fair though, I’ve always found the comparisons between the two areas to be somewhat misplaced. SE Asia covers a small area of Asia whereas SA is an entire continent and covers far more ground.
I think South America has the upper hand because it's wealthier on average and more developed, there is much disparity in SEA. SEA economies grows at a higher rate but what would happen in 10 years is unpredictable.
SE Asia covers a small area of Asia whereas SA is an entire continent and covers far more ground.
What about population though? Indonesia has more people than Brazil, Argentina and Chile combined. Vietnam is 1/3 the size of Colombia with twice the population.
I think South America has the upper hand because it's wealthier on average and more developed, there is much disparity in SEA. SEA economies grows at a higher rate but what would happen in 10 years is unpredictable.
In a way you’re right. Most SE Asian countries are more authoritarian in nature, though few would classify as dictatorships. Crime and murder are nowhere near as rampant as they are in a good number of SA countries, even though the most dangerous countries are actually in Central America. Singapore is the safest country in the world.
As far as growth is concerned, it’s hard to predict the future, but for the most part I think SE Asia has the upper hand as it’s relatively stable at the moment (bar Myanmar). There’s nothing like the Venezuelan crisis.
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