No. 1: Singapore, $61,567 per person
The wealthiest nation in the world's top 50 economies has been one of the hottest growth stories in recent years. Singapore's emergence as a business hub and tax haven -- research firm WealthInsight predicts that the country will surpass Switzerland as the world's largest offshore wealth hub by 2020 -- has been a boon for its population's standard of living. Foreign investment has poured into the nation, turning Singapore into Southeast Asia's pre-eminent economy. The country is expected to gain even more in the next few years, with the IMF expecting Singapore's GDP per capita to rise to an astounding $77,000 by 2018.
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In thr sixties Guyana wss better off than Singapore now guyana is the Poorest in South America compliments of the PNC and PPP
Former Member
Hope you're doing something to help, and that you're not a Guyana basher.
Singapore is a beautiful, upwardly mobile country, and a tourism hot spot.
Jagan and Burnham drove Guyanese to distant shores, leading to brain drain, production and economic decline, etc.
The Guyana-Singapore 1960s equivalence is true but misses an important point - location, location, location. Asia was poised for tremendous economic growth, technology transfers from the West and hundreds of millions of people.
Singapore was one of the young Cubs of the 70s (with So. Korea, Taiwan and Malaysia) - Japan was the Lion. You guys remember? It's credit market is on par with that of New York and London.
Former Member
A globetrotter told me while on a stopover in Singapore, he went to a nearby suit store, had measurements taken, and overnight a pinstriped suit was made!
Japan is for us indians our true Asian brothers and sisters. I am sorry for what hapen to them. Now they are made up of mostly very elderly old ladies hanging on to life.
Former Member
Originally Posted by Observer:
A globetrotter told me while on a stopover in Singapore, he went to a nearby suit store, had measurements taken, and overnight a pinstriped suit was made!
Correct, I had the same experience in Shanghai and Bangkok.
Former Member
Originally Posted by Pointblank:
In thr sixties Guyana wss better off than Singapore now guyana is the Poorest in South America compliments of the PNC and PPP
The difference is Singapore was blessed with a visionary leader in Lee Quan Yew who transformed Singapore from a colonial outpost into an Asian tiger. Guyana on the other hand was blessed with the likes of Burnham, Jagan, Jagdeo and now Ramotar. In short that is the differnce.
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