Malaysia's Growth Holds Near Decade High (user search)
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  Malaysia's Growth Holds Near Decade High (search mode)
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Gustaf
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« on: August 21, 2010, 09:59:10 AM »

Thailand had 12% growth in the first quarter according to The Economist.
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Gustaf
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« Reply #1 on: August 21, 2010, 02:34:48 PM »

Thailand had 12% growth in the first quarter according to The Economist.

Jesus, I didn't know it was that high.  I don't like that.  So where's the link?

It's from a magazine in my hand...but I'm sure it's not hard to find on the web.
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Gustaf
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Political Matrix
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« Reply #2 on: August 22, 2010, 05:22:42 AM »

The most combustible problem with Southeast Asian economic growth is that it is concentrated in the hands of a very distinct minority (namely the Chinese - the Jews of Southeast Asia)

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The communities coexist in relative harmony, but the wealth gap among them is grave. Despite making up 60% of the population, Malays own just 19% of the economy, trailing far behind the minority ethnic Chinese, who make up only a quarter of the population but hold 40% of the economy;

IIRC it's worse (wealth gap is bigger + tensions are even higher) in Indonesia and worst in Philippines.

Yes, and its notable here in Thailand - and its a huge motivator behind the recent political troubles here.  (though to be fair Thailand is more egalitarian than the USA).

According to this: http://en.wikipedia.org/wiki/List_of_countries_by_income_equality Thailand has a slightly higher UN Gini coefficient than the US. Although, the CIA one gives the US a slightly higher figure. Overall, it seems that the two have very similar income distributions.
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