The next economic superpower

>*stops your growth*

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just try

English literacy in the Philippines is a big advantage over the other chinks.

.Pretty much. over half of that is deforesting as fast as possible, which is slowly converting their islands and mountainous terrain into little more than mud hills, eroding away all the best soil

And because of the overpopulation thanks to the rice variants from the 50s onwards and access to massive amounts of fertilizer to fuel their obscene growth, demand for fish and consumption of it grew as well, leaving every single riverine fishery extremely depleted, and even now the fish catches from the rivers doesn't provide as many calories as it used, decades ago, because there just isn't enough

and currently, the oceanic fisheries are getting heavily depleted as well, and some areas are totally destroyed by slanted eyed locusts.

So its going to have a population crash, and is going to crash to pre-1900 levels of population

And thats Indochina. Indonesia will be lucky to avoid becoming an Archipelgao with an Australian climate

Too bad they're slowly cucking themselves to China now just to appease a paper tiger
SEA should have been more buddy-buddy with Japan tbqh

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This
And The brown century begins!

You're assuming we had growth to begin with...
Yes lets ally with the economy that hasn't grown much in the past 30 years.

Attached: ASEAN growth.jpg (1200x846, 76K)

shit-tier geography

Should have done that earlier lol
Y'all spend so much time pointing fingers after 87 that an entire three decade passes and now suddenly ya'll at the mercy of China

A lot of the ASEAN countries are wealthier than China and India. They % growth was always likely to be lower

>A lot of the ASEAN countries are wealthier than China and India
You mean exactly two Brunei and Singapore and they're both city states. Malaysia is nominally $ 11k vs China's 10k.

Most of ASEAN is poorer than China.

Nothing paper about starting from nothing and becoming the largest ASEAN trading partner in less than a decade.

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Vietnam, Indonesia, and Malaysia maybe, but certainly not the ass fucked ladyboys in flipland or thailand

Then their time is growth has come and gone.
Meanwhile, the Economic Miracle that took China, Korea and Japan is about to hit the Philippines, Indonesia and Vietnam.

Philippines in particular is about to pass sweeping reforms opening the country to foreign investment with what could be the catalyst to 1st world status.

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If this asshole doesnt fuck it up.

And if only we have access to our resources in the west philippine sea

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Their growth is going to go through the roof as China keeps going middle class and stays hungry for that growth they've based their economic system around
Now I'm not sure being China's bitch is a good thing but it's up to you

Economic superpower implies geopolitical control. China and India could both have 2k per capita (real) and they'd still be bigger economic superpowers than ASEAN. Their large improvements isn't just them improving, it's them going back to being the big dogs of the world. I don't see any country in ASEAN surpassing Japan and Japan itself is getting worried about its economy in the face of a rising China. Do you? I mean, no reason why you can't turn into your own Singapore and become first world but at most, that'd put you near Canada's level of economy or thereabouts. That's not an economic superpower. That's just an economic..."power".

What resources, a bunch of fish?
We had it for decades but no admin ever built shit near the shoal.

Thats because your entire administration was busy pointing fingers and doing unecessary shit instead of actually working the country up
If it happens once it will happen again
Murphy's law bitch

>Indonesia will be lucky to avoid becoming an Archipelgao with an Australian climate
We already have that. It's called Flores.

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is there any country that managed to grow to 1st world tier apart from Singapore? I dont think China will let them have it their way.

Malaysia is pretty close

Natural gas so we dont have to rely on chinks

China has been blocking our ships since late90s 2000.
We could have so much development by then

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There were no proven reserves to actually develop. It was hardly worth capturing from Taiwan. Even if it did we still wouldn't come anywhere close to Indonesia's or Malaysia's oil production.

Malaysia is at best 2nd world tier. Its per capita GDP is still far off from $20k, which is the base line for 1st world tier.

Brunei then

The World bank's high-income threshold is just 12k so Malaysia is actually pretty damn close.

What I'm trying to say is that your cunt had a better headstart than Malaysia and Indonesia and us yet you managed to fuck it up even harder after 87
You had 3 decades to turn Philippines back into the right track but all you did is point fingers at each other
We could have had a miracle in the pasig river but you dumdums decided to just fuck around and now with China breathing down your necks you're basically back to square 1 of slowly becoming a neo colony
Shit happened yes but you could have rebounded back and become "2nd only to Japan"

Hegemon of SEA will be People's Republic of China.

if that's the case, then why does nobody call Eastern Europe 1st world when there are a few countries with per capita GDPs around or higher than 12k? We dont call a country with 12k a "developed" country but a "developing" country which is the same as 2nd world tier.

Dont underestimate fish resource its what keeps people feed, espcially now the rice tariffs will make rice farming even less profitable and necessary.
Not to mention if chinks control the shaol they can block of our trade routes so no more exports and imports until chinks say so

imoa.(ph)/bajo-de-masinloc-scarborough-shoal-less-known-facts-vs-published-fiction/

I agree and whats worse is the admin is acting like traitors and denying it.
Its so JUST.. seriously

gmanetwork.com/news/news/nation/691845/locsin-denies-china-s-poaching-in-scarborough-shoal-just-about-clams/story/

Tb h the term first world and third world is outdated.

even if its obsolete, it doesn't change the fact that even Malaysia is a developing country.

en.m.wikipedia.org/wiki/Developing_country

2nd only to Japan was bullshit, the Philippines had 1/4 the population of Japan. It's primary export was agriculture and the usd to php peg (bell trade act) made export oriented industrialization impossible.

>point fingers at each other
It's called a real multiparty democracy you may have heard of it.

Lots of countries in Eastern Europe are first world. Have you even lived there? And like said, those terms are outdated. It's developed vs developing. Many countries in Eastern Europe are developed. Don't let all the memes on Jow Forums fool you.

Yea but aside from Singapore and Brunei, Malaysia is the closest to being developed.

seems it still has a long way to go though. I hope it will make it into the developed club ASAP

Most of the discoveries and infra building happened after 1987 even tho Marcos left us pretty wrecked and shitholey.
en.m.wikipedia.org/wiki/Malampaya_gas_field

It went down hill when Erap and Gloria sold us off to chinks, thats when the head start deteriorated.

imoa.(ph)/estrada-arroyo-promise-china/

>2nd only to Japan was bullshit, the Philippines had 1/4 the population of Japan. It's primary export was agriculture and the usd to php peg (bell trade act) made export oriented industrialization impossible.
It doesn't change the fact that there was a point where Philippines had an actual good thing going for it that it was a paradise compared to places like Malaysia and Singapore.

>It's called a real multiparty democracy you may have heard of it.
Ah yes
Where powerful oligarchies play politics and point fingers on anyone that doesn't play along with them.
Yes """democracy""" at its finest

I think at best a few of them can be considered developed now. There are a lot more countries that are still considered underdeveloped or developing than developed or advanced, which makes Eastern Europe 2nd world tier on average. Just because it has a few developed countries doesn't mean the entire region can be considered developed. its an overgeneralization

Marcos was the one who got us the islands and the shoal in the first place.

And didnt do much for it either the 1987 consti was the one who constiutionalized it

Marcos cronny capitalism and too much debt driven economics made it worse

philstar.com/opinion/2016/04/29/1578275/crony-capitalism-under-marcos-tyranny-revisited

In 1974, Marcos proved himself to be nothing but a deeply crooked, power-lusting demagogue when he allowed, despite keeping his rubber stamp Congress and a sycophantic Supreme Court, the Parity Rights Agreement with America to expire. The expiration of this deal forced American companies and industrialists who helped build our post-war economy out of this country. As a result of America's exodus from the Philippines, Marcos cronies and dummies thrived and then effectively monopolized the country's economy.

This Bell Trade Act(although very pro american) was the sole reason the Philippines was economically progressive from the 1950s to early 1970s. Marcos inherited a resilient economy. We were, in effect, the ""Singapore"" in Asia during this period.

Marcos's refusal to renew the Parity Rights Agreement with the US, or to amend the economic provisions in the 1972 Constitution in order to secure a more liberalized economy that should have been more responsive to global economic trends during that period, made our economy semi-closed and one of the most protectionist in the region.

From late 1970s to the 80s, China, Singapore, South Korea, Japan, Hong Kong and Taiwan started liberalizing their economic policies to allow global investors.

After Marcos betrayed America to enrich himself by allowing his oligarch cronies to monopolize the country's economy, American companies and investors started heavily trading and doing business with Singapore, Japan, Hong Kong, SK, Taiwan, and even China.

This is one of the main reasons our economy started to collapse in the late 1970s when Marcos decided to keep the pro cronny oligarch economic provisions in his own Charter to benefit himself and his oligarch cronies.
In other words that when we deteriorated.

So why didn't your country fix itself in the span of 30 years since the fall of Marcos
You had enough time to fix yourself up yet everybody in your administration decided that pointing fingers is a better solution than actually fixing up your economy
All I'm seeing is excuses one after the other here and you haven't given me a proper answer

If we harp on climate change then literally everyone is fucked besides Russia and Canada (but in reality chinks and mutts would immediately flood into siberia/north canada respectively so neo-China and neo-USA remain the world powers).

Which just establishes the gains made by Marcos also he actual built a village in disputed territory.

We did and it was better compared to marcos but the lasting effects of his shitole is still felt especially woth leaders like Duterte

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And that bell trade act that got us rich was the revised one

>The treaty was a revised US-Filipino trade agreement replacing the outdated Bell Trade Act. The prior act became unpopular amongst Filipino nationalists due to the provisions which tied the Philippines economy to the US economy.

>The agreement took effect on January 1, 1956. The same agreement expired in 1974 and overall it abolished the US authority to control the exchange rate of the Filipino peso.

philippineslifestyle.com/today-in-history-laurel-langley-agreement-signed-by-us-and-philippines/

All I'm hearing is excuses really

He only made spratlys part of palawan but. The shaol has been part of us since spic times

Excuse on what? Like I said its already better than what marcos did. But there are leaders like dutdut who are backwards thinking.

with the careful introduction of more addictive rpgs the youth of this nation will end up dying of dehydration in their rooms.

but the same thing is happening here too so, you're right
;_;

Oops
My bad Marcos just went after the kalayan islands because of the Cloma incident.

Spratlys was mostly done and given by the Americans and Quirino.

thediplomat.com/2010/11/aquinos-spratly-islands-call/

You mean Ninoy with his whole getting himself killed bit. That was what triggered the whole Balance of Payments crisis scaring away all our creditors. Before that Philippine debt to GDP was the same as Korea's.

ide.go.jp/library/English/Publish/Download/Vrf/pdf/464.pdf

bruh eastern europe is 10 times better to live than in your shithole in almost all ways
well at least being born here is better than in korea

Nope staring with this The 1983 one was a new low brought by Marcos incompetence

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rappler.com/thought-leaders/227198-analysis-how-marcos-world-bank-partnership-brought-philippine-economy-to-knees

Whereas prior to martial law, between 1950 and 1972, the Philippines received a meager $326 million in Bank assistance, between 1973 and 1981, more than $2.6 billion was funnelled into 61 projects. If before martial law, the Philippines had ranked around thirtieth among recipients of Bank loans in cumulative terms, by 1980 it placed 8th among 113 developing countries.

...

By the time Marcos was overthrown, the Philippines’ foreign debt had risen from $5 billion in 1977 to $26 billion. People living in poverty rose from 38.7% of the population in 1971 to 49.3% in 1985.

The miserable economic performance during the whole period of the dictatorship was reflected in the fact that average annual Gross Domestic Product (GDP) growth fell from 6.2% in 1962-1974 to 3.6% in 1974-1986.

The policies of the Marcos period left their mark on the “EDSA Republic” that succeeded Marcos.

Perhaps the key legacies were the servicing of the Marcos debt and the institutionalization of structural adjustment. Following the “good debtor” policy forced on her by IMF, the World Bank, and foreign private creditors, the Corazon Aquino administration committed itself to paying off the whole of the $26 billion that Marcos regime had contracted, a process that took the better part of the next two decades and involved devoting from 20 to 45% of the annual government budget of the succeeding administrations to debt service.

Paying off the Marcos debt and structural adjustment had a depressive effect on Philippine growth, with the economy growing at a minuscule 1.5 per cent per annum between 1990 and 2010, the second lowest growth rate in Southeast Asia.

>Lithuania
>has a far weaker and poorer economy than SK
>has a higher rate of suicide than SK. (SK had had the highest suicide rate among OECD countries UNTIL LITHUANIA JOINED OECD.)

So can you beat us in anything other than the suicide rate? lol

Your economic ignorance is showing,
Read an actual academic journal or paper for once in your life.

From the paper
>However, in hindsight, the BOP
crisis would not have occurred at that time despite the rapid accumulation of foreign debt. It
seems that the difficulties in external payments could have been relieved if only the Marcos
government had the support of the international community in the third quarter of 1983. The
support was withheld, if not withdrawn, as a consequence of the international outcry over
the Aquino assassination.

Im saying we are already fucked by marcos even before the crisis

econ.upd.edu.(ph)/perse/?p=5058
Though short, it packs a lot of details and, among others, debunks the myth that the the myriad infrastructure projects of the Marcos administration, funded by a mountain of foreign debt, are proof of his purported economic legacy.

“The economy’s record under Marcos is identical to that of a person who lives it up on credit briefly, becomes bankrupt, and then descends into extreme hardship indefinitely,” De Dios writes. “It would then be foolish to say that person managed his affairs marvelously, citing as evidence the opulent lifestyle he enjoyed before the bankruptcy.”

worldcat.org/title/analysis-of-the-philippine-economic-crisis-a-workshop-report-june-1984/oclc/646948942
(I Cant link the PDF)

The report opens with a forthright conclusion: External circumstances such as the 1970s oil crisis and the assassination of then Sen. Benigno Aquino Jr. do not adequately explain the economic crisis under Marcos.

“The major explanation for its occurrence must lie in the character of the economic policies and of policymaking by the leadership,” the report read.

Among others, the report addresses the matter of external debt, a significant portion of which went to private firms.

“A substantial part of the foreign debt was either guaranteed by or channeled through government financial institutions,” the report read. “What might have been limited failures and corporate tragedies confined to private persons become transformed into a national economic crisis, and the burden of paying the debts of the few was passed on to the entire nation.”

Their natural resources are amazing, but the countries of Southeast Asia are too overpopulated. This is both an advantage and a fatal disadvantage though. And they can not effectively manage natural resources because of their corrupt bureaucrats. And they do not have high value-added industries in manufacturing like South Korea or Japan, and OEM/ODM subcontracting industry is difficult because of China, Taiwan and even India. I think that if they have no tiny population city states like Singapore and Brunei, Southeast Asia will live as poor as it is now for the next 50 years. Maybe the nicest output of Southeast Asia is likely to be Malaysia tier level.

They should use their over population to funnel a shit ton of diaspora into the west and colonize African wombs, as the Chinese are doing.

>This whole thread
Enjoy getting yourself end up in China debt trains :^)

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Man, that curry nigger breed faster than our mudslimes.

*invades south east asia and establishes democracy and prosperity with australian characteristics*

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>australian characteristics

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is the other way around

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I don't think it is possible to manage a country that consists of hundreds of islands well.

We will do the impossible! >:3

How is your HSR coming anyway?? love to see fellow ASEAN brethren growing fast.

you just need hundreds of ships that connect the road per islands

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Growth rates are slowing down, we will probably cap at around 120 to 130 million

>economic superpower?
Nah
>sexpat superpower with millions, potentially billions of abandonded hapa mutts living in poverty by the end of this century?
Very likely

Their maintenance will costs a lot, also such transport will be always ineffective and take a lot of time to move between the islands if you need to wait for a ship. You will always lose competition to more compact, unfragmented countries.

I doubt. We can clearly see Indonesia is doing so much worse than Malaysia despite having the same people, with the same language, culture, genes etc. The shape of your country certainly contributes to your underdevelopment.

Indonesia and the Philippines will always remain relatively poorer than their direct competitors in SEA.

There's a plan already in place, all we need is more ports and improving port services. There is also a plan to build bridges connecting the major islands

Haven't read up more on it tb h. Last I heard we handed the project to china.
Nah. Planes are the way to go. Even now that's the primary method of transport between islands for people.
>indonesia and Malaysia
>having the same language
>having the same culture
>the same people
Wrong. Language is similar, but only if you disregard the hundreds of local languages. Culture is similar, but still debatable on how similar. The main ethnic groups are different too, for Malaysia it's Malays, for Indonesia it's Javanese. Same genes is also kinda wrong, Malaysia is much more racially diverse, with a much larger per capita population of chinese and Indians.

>all we need is more ports and improving port services

so basically all you need is more money, which will raise the costs of transport and make your economy less competitive

>There is also a plan to build bridges connecting the major islands

That's expensive as well. You have to spend a lot of money on something other cheap countries were given by nature, that's why you'll lose to them.

>Wrong. Language is similar, but only if you disregard the hundreds of local languages. Culture is similar, but still debatable on how similar. The main ethnic groups are different too, for Malaysia it's Malays, for Indonesia it's Javanese. Same genes is also kinda wrong, Malaysia is much more racially diverse, with a much larger per capita population of chinese and Indians.

It's still not a sufficient explanation why Indonesia is so much poorer than Malaysia

It's coming, praise the Middle Kingdom! Manifold be thy blessings!

thejakartapost.com/news/2019/02/01/tunnel-boring-machine-for-high-speed-railway-project-arrives-from-china.html

Planes are the way to go these days man, they're relatively cheap and fast. Even people that earn less than 500 USD a month go on planes now.
>It's still not a sufficient explanation why Indonesia is so much poorer than Malaysia
I wasn't trying to explain why indonesia is poorer. I'm just saying we're not as similar as you think. It's almost like saying Poland and Russia are the same just because they're both slavic.

Less Chinese per capita

When port and airport services improve, and a railway system is put in place cheap rates become very possible
You might not know this but my country has an almost inexistent train system and they are making up for it now by at leaat quadrupiling railways per capita by 2022

>Less Chinese per capita
what the world needs now

I see, ours are also coming too. The first half or northeastern line will be open in late 2022 or mid 2023 (only Bangkok to Nakhon Ratchasima, from Nakhon Ratchasima - Nongkhai that will connect with Laotian's one probably in 2024 or late 2025 ) and Eastern line ( Bangkok - U tapao airport ) will fully open in 2022 or 2023.

The first half of northeastern line*

Ahahah... Cunt btfo!

Bdrige for connecting each islands is almost impossible. Its mostly just plans just to say they have one even china doesnt have the tech nor desire for that.

We do have more feasable plans for ports expansions since 2014.
business.inquirer.net/178909/aquino-declares-batangas-subic-extensions-of-manila-port

Well, they're pushing for 25km bridges hard so they probably believe its possible

Ours is targeted to be operational by 2021, connecting Jakarta-Bandung. With only 142,3 kilometer track length hopefully it'd be the first in ASEAN.