Saturday, March 20, 2010

Asian countries & GDP Growth

BT has an interesting editorial today about GDP per capita of Asia-Pacific countries over the decades. We all have our doubts of the validity of GDP per capita for an open economy like Singapore where the GDP per capita does not translate into pay check per year for the man on the street, but still it remains a valid comparator-indicator. What is obvious from the charts is that Malaysia seems to be faltering behind and statistics have shown more than 300,000 emigrating over a recent 12 month period. Something to do with the political mess the country is in?

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