Some try Harder Than Egypt - and Succeed.

Advice, information and discussion about Egypt in general.

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Hafiz
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Some try Harder Than Egypt - and Succeed.

Post by Hafiz »

Some Try Harder.

China in the 60’s was dirt poor and Mao was killing and purging 10’s of millions and purging his own party of any competitors to his senile self and covering up his two disastrous ‘economic revolutions’,

Its income per head was a couple of hundred dollars per year.

Now its over $US8,000 per head – a 4000% increase. Overall it’s the greatest increase in income/greatest reduction in poverty in the shortest time in history.
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India in the 60’s was better off than China and didn’t kill 20/60 million of its citizens. It fought a few wars with Pakistan and quite a few with China and coped with millions of refugees in 47 and 71 and continues to deal with three China funded internal insurgencies and the Kashmir impasse. 22 official languages and deep religious divisions don’t help – but they get through this. Disease, illiteracy and poor infrastructure wasn’t a good starting point.

Income per head in the 60’s was about $US400 per head per year.

Its now about $US2000 – about 500% increase and they are still getting rid of the mad UK style centrally planned socialism of Nehru/Gandhi (which some others in the UK still follow) so its only going to get better.
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Indonesia with 18,000 islands, internal insurgence, Muslim terrorism for decades, a civil war to kick out the Dutch, another war to drive them out of Irian Jaya, deep cultural/religious divisions and the Communist Party of China trying to take over followed by the killing of a million, a Tsunami that killed 160,000 in 2004, a corrupt military dictatorship they eventually tossed out of politics and businesses have been a few of its problems since the 60’s when income per head was about $US700 – now its over $US4,000 – about a 600% increase. Infrastructure was poor, disease rife and education poor – all have improved. If anything the Dutch were worse colonialists than the UK and left little good behind.

Interestingly they started to do well economically and politically when they got rid of their decades old military junta who looked after only themselves and couldn’t manage the famous … in a brewery. They also got rid of central planning – it never works – except in Egypt
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They recovered from the Asian Economic Crisis and a Tsunami destruction in 2004 which would floor most (to which Saudi gave a trivial amount to the largest Muslim country in the world, Egypt nothing and a conservative Australian government an enormous amount ($US2.2 billion in modern money, – the biggest in the world – which reduced the Indonesian President to tears in public).

The 3 above vary in literacy but try harder than the world’s worst education system – they move up in skills but Egypt moves down. In India’s case there is a strong tradition of good universities – particularly in technical areas. Two of the three have a strong commitment to exports and mass job creation particularly in high value added areas like technology and manufacturing. Egypt doesn’t even try in this area. 2 of the 3 have first rate and respected armed forces – unlike Egypt. In fact the best armies in the world are managed by civilian governments – not by military Juntas, All know that science and copyrights to innovation are the future.

Now to Egypt which has received decades of a lot more international aid (the second largest US aid in the world after Israel) and has had no internal civil war, bloody purges, generations of insurgency, deep internal divisions and millions of refugees.

It had income per head in the 60”s of about $US700 about three times China at that stage, similar to Indonesia and twice India.

Egypt is now about $US2750 per head <400% increase– considerably less in absolute terms than Indonesia, still, but slightly, ahead of India (which has increased 500% to about $US2,000) but hugely behind China which has grown at 10 times the Egyptian rate and achieved most since 1985.
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Turkey started ahead with $US2,000 per head in 1960 but was $US15,000 per head in 2018. That’s a 750% increase in a time when Egypt grew by less that 400%. So Turkey has grown at twice the Egyptian rate.

The world has moved on but Egypt is falling behind – and knows it.

Generals make poor politicians and even worse economic managers.

Looking just at the above figures Egypt is amongst the worst performing economy in the third world – at least since 1952 and the arrival of the new Military managers/expulsion of the old ones. Its has had many fewer problems than most other third world countries but seems to have wasted its opportunities – something that looks likely for the foreseeable future. At this stage, other than North Korea, It’s the longest lasting military dictatorship in the world – and getting worse every month.

Its quite an achievement and requires real effort to stuff an economy over a period of 70 years of widespread international economic growth in markets close bye and truck loads of aid. There should be a UN prize for this to complement all the other UN prizes/rewards for failure. The problem isn’t a bad health or education system or a lack of jobs the problem is that the whole political/economic system is rotten as are most or all of its players. They produce little except for themselves.

Scores of other third world economies have done well but military dictatorships like Egypt, Burma, North Korea and others haven’t. Invariably they have appalling human rights records and at a certain point in time they fall over or explode. South Korea and one or two others are exceptions to these rules.


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Re: Some try Harder Than Egypt - and Succeed.

Post by Who2 »

Bit like here, "We wuz big once....'right oh...life is all troughs ups and downs, one day it will be Icelands turn... 8)
"The Salvation of Mankind lies in making everything the responsibility of All"
Sophocles.
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Re: Some try Harder Than Egypt - and Succeed.

Post by Major Thom »

Dr you can bet Iceland employee's are on minimum wage!!
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