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Developmental state, or hard state, is a term used by international political economy scholars to refer to the phenomenon of state-led macroeconomic planning in East Asia in the late 20th century. In this model of capitalism (sometimes referred to as state development capitalism), the state has more independent, or autonomous, political power ...
The following is the list of ASEAN countries by the Human Development Index as well as when it's adjusted by inequality. [1] As of the latest report, Singapore has the highest HDI in ASEAN and Asia in general at 0.949, and Cambodia has the lowest HDI in ASEAN at 0.600.
Cambodia has experienced a tremendous drop in poverty but there is a high chance of relapsing to poverty. Poverty rate in Cambodia dropped from 52.2 percent in 2004 to 20.5 percent in 2011. [8] However, most of the individuals only moved from a state of being poor to state of being vulnerable to becoming poor.
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The majority of the poor live in rural, isolated, mountainous or disaster prone areas, where physical infrastructure and public service are relatively undeveloped. [27] The poor often lack production means and cultivated land. [27] They have limited access to the state credit and often access through back credit with very high interest. [27]
Large institutions have pushed to have them serve as role models for many developing countries, especially the Tiger Cub Economies of Southeast Asia. [ 2 ] [ 3 ] [ 4 ] In 1993, a World Bank report The East Asian Miracle credited neoliberal policies with the economic boom, including the maintenance of export-oriented policies , low taxes and ...
Now the Thai government is betting EVs will allow it to maintain its position as “the Detroit of Southeast Asia.” Bangkok has a “30@30” plan, with a goal of 30% of autos produced to be EVs ...
Nominal GDP IMF 2024 [1]; World rank Country GDP (US$ millions) GDP per capita (nominal) 1 16 Indonesia: 1,475,690 5,509 2 26 Thailand: 548,890 7,557 3 31 Singapore