Respect the decision. What would you but on this list instead

hey, do you mind giving us the ost (songs) that used in the video please ?

Pucha la weaa 😅

Given people have mentioned other contenders like Singapore, maybe try that?

It's understandable. The economic "miracle" is a lie that far right politicians like to spew today. At that time, the economy was super unstable and only began to recover when democracy returned to Chile. Our economy has improved, but we are one of the most unequal countries in the world

Singapore is literally the inspiration behind many countries development. Deng took inspiration from Lee Kuan Yew. Agree, a very strange omission.

And Singapore is the most significant counter example of the saying tropical countries can't be rich.

@@starsky9832 yeah and well planned and organised. Most tropic countries haven’t got nice architecture and streets but Singapore made it work. They have glass buildings but also know what colour schemes/housing designs look pleasant in tropical climate where American or communist architecture doesn’t look great. Vietnam also looks nice. Hanoi etc they have proper pavements and plan well along rivers. Impressive considering their average income is less than $4000 USD. There are countries in Middle East and Delhi, India which look like large slums despite having comparable incomes due to no urban planning. In Africa maybe only Morocco and Tunis in Tunisia have nice looking cities. Confucian culture places emphasis on aesthetics.

@@rohanindra6401 nice observation, thanks

one word...geopolitics behind Singapores rise.

Botswana doesn't have 200 million people and overpopulation problem

@@jackholman5008 Because we are 71% desert, and we do have land shortage here, I'm from Botswana

@@nakoreacts4795 that's not bad there's underground aquifers and with modern green house agriculture it shouldn't be a problem like with the Israelis

@@jackholman5008 You're right to an extent, Israel has helped us with our water situation more than any other country and our agriculture sector is more efficient but we cannot reach Israeli levels as quickly or at all because the costs of building infrastructure will be too much for us. For context, Botswana is about the same size as either Texas, France or Madagascar and our GDP last I checked was $22bn

@@jackholman5008 If population metrics were the main determinant for a country's success, then Madagascar, Niger republic, Congo and Zimbabwe would be the richest and nost developed countries in Africa since they have less than my country's population.

Yeah North was always less populated but more industrial. Which is no longer true mostly because the south has had much better access to global markets than the North. Worth mentioning though, the south really did take awhile to outgrow the North and even longer for life expectancy to catch up. North was richer until the 70s and healthier until the 90s when liberalization in the south and famine in the North changed an apples and oranges comparison to maybe more like a open buffet to foraged wild grasses comparison.

Also its imporrant to note that North Korea also had the vast majority of the Industries that Japan had built in the peninsula.

@@petersmythe6462 How would the two compare if the north had no sanctions? Do you think the gap would still be massive?

@@1wun1 ye cuz they forbid foreign investment. They need to remove Juche ideology and adopt capitalism like China and Vietnam

Tell US stop bully North Korea and thing would change

There would be no market boom on the 90s if there was no pinochet.

True! Maybe the changes Germany went through 1870-1990 are seen as former nations and therefore not included in the video?

@@fjooyou I don't know why he didn't mention germany. It's probably the country with the most economic miracles in roughly a century

*UK The whole UK was industrialized, not just England.

For the period after WW1, I would not say that it was extremely economically successful, given how it did have one of the worst hyperinflation and instability during 1918-1923. However, after that the economy did pick up amazingly well, due to surprisingly competent governance from amazing people like Gustav Stresemann or Friedrich Ebert. For WW2, I think a case to be made that Germany massively benefitted from the Marshall Plan that saw the US pumping massive amount of money into it. Not saying that it doesn't deserve a spot, just trying to put in some context with it.

@@leoe.5046 I think this video is very pro-capitalist and pro-free market and that's the main reason he didn't include germany, germany was a very protectionist and regulated economy since the beggining.

IMF, World Bank,Bloomberg,ADB etc 1)*IMF--India is the World's 3rd and 5th largest economy by GDP $3.535 trillion (nominal; 2022 est.) $11.745 trillion (PPP; 2022 est.)GDP rank 5th (nominal; 2022) 3rd (PPP; 2022)GDP growth 8.9% (2021),8.2% (2022) GDP per capita $2,515 (nominal:2022) $8,358 PPP; 2022 2)*IMF 2022 -India's Per Capita has rose to--$ 2,515 dollars by Nominal GDP dollars and $ 8,256 dollars by GDP PPP, Which makes India 3rd richest in South Asia and Ban*ladesh has per capita income of $ 2,110 dollars and Poor paxtan has just $ 1550 dollars😂😂 3)*According to World Poverty Clock, India's poverty rate has decreased to just 6% and Extreme poverty rate to 1%But, Poor paxtan has a poverty rate of whopping 40% and Extreme poverty of 22% and Bangl*desh has poverty rate of 24% and Extreme poverty of 14% 4)*According to World Poverty Clock, Only 29% of population in India earn less than $ 5.50 dollars per day, (15% in China) But,In poor paxtan a whopping 77% of population earn less than just $ 5.50 dollars per day, And 84% of poor Bang*adeshi population earn less than just $ 5.50 dollars per day, What a poor Islamic neighbors India has 5)*IMF -Under Modi, India overtook Russia, Brazil, Itlay, France and The UK in Nominal GDP in just last 8 years and IMF predicts India will overtake Germany and Japan in next just 6 years by GDP Nominal as It is already world's 3rd largest economy by PPP GDP with $ 11.75 trillion dollars. 6)*Under Modi, India has become World's 8th largest exporter with $ 676 billion dollars and Became 5th largest Manufacturing country in the world, And poor paxtan has exports are just exports of just a little of $26 billion dollars 7)*#WTO -India is an Industrial Power house, As India is the world's #largest manufacturer of generic Pharmaceuticals , and its pharmaceutical sector fulfills over #50% of the global demandv for vaccines It is also the WORLD'S #2ndlargest cement producer, the #2ndlargest steel producer, and the #3rdlargestelectricity producer. #4th largest Car Manufacturer in the world and #5th largest Manufacturing Country in the world 8)*In 2021 India became 4th largest Car manufacturer and Market, as Indians bought 4 million cars and And Exported 600,000 cars to The UK, USA, Brazil, Mexico, Latin America, Africa and The Middle East.But in p*or B*ngladesh Only just 50,000 cars were sold what a poor country and only 114,000 cars were sold in poor paxtan as it is a poor country 😂😂‚And all of them are imported or half assembled in paxtan 9)*In 2021 India became 2nd largest Automobile and 4th largest Car manufacturer, As India manufactured 4.4 million carsand 18 million otger Automobiles and Exported 4 million automobiles to The UK, The US, The EU, Brazil, South Africa, Mexico, Latin America and Australia etc. But, poor paxtan imported All of its automobile needs as no one manufactures its automobiles in poor terror infested country like paxtan😂😂😂😂 10)*BLOOMBERG :India is the world's 2nd Highest receiver of Foreign Direct Investments (FDI) with $ 83.4 billion dollars, which is only after China with $149 billion dollars and No one invests in poor begging ,poor infrastructure, poor governance, Highly unsecured, Terrorist infected and poor and Unskilled Labour force country like Poor paxtan😂😂 11)*BLOOMBERG: India has world's 3rd highest number of Unicorns and Start-ups with 100+ unicorns and 70,000+ start-ups with investments of over a whopping $ 450 billion dollars only after The US and China and poor paxtan has 0 unicorns because no one invests in poor begging country 12)*Microsoft, Amazon and Google have their Largest Campuses in India in Hyderabad's Financial District. Which has become India's 2nd Silicon Valley,After Bangalore 13)*In 2021,India has become world's 4th largest Car Manufacturing country with 4.4 million cars and Exporting 800,000 cars to US, UK, Africa, Latin America,Asia,and Australia etc.With alredy Top Car companies javing manufacturing plant, Ex:TATA,Volkswagen,Skoda,Audi, BMW,Mercedes-Benz,Porche,Citroen Renault,Kia,Mahindra,Honda,Toyota,Hyundai,Jeep,MG,Maruti Suzuki, Jaguar Land Rover(Tata),Nissan etc. India has world's 3rd highest number of Billionaires with 232+ billionaires and 1 Million+ Millionaires only Behind the US and China and Poor Paxtan and Ban*ladesh has 0 billionaires as the countries has only 1 industry and 0 tech, and Very poooooorrrrr 14)*Just India's Tata Group has a Market capitalisation of whopping $ 320 billion dollars and Reliance industries has a Market capitalisation of $ 280 billion dollars, Which is more than Poor Paxtans Entire GDP. Poor beg*ing country 15)*Poor paxtan beg**ng country, India administered Kashmir is booming with Billions dollars of Investments from Gulf and India,As India is building World's Highest Bridge, Semi-High Speed rail(Vande Bharat train), 600Km Expressway, Large Hydro power plants and A new Hydrogen Plant by Private company, And IT parks by TCS and Mahindra etc, 16)*India's Two Stock Markets BSE and NSE are 6th and 7th largest Stock markets in the world with a combined Market Capitalisation OF Whopping $ 8 trillion dollars, Which is 28 times the GDP of poor paxtan😂😂😂😂And its poor stock market has Little value of 10 billion dollars and mostly owned by Chinese companies what a poor be/ging country ****Unlike poor paxtaan Puppet, Wikipedia -With the world's #3rdlargest milit*ry expenditure, #4th largest arm*d for*es, #5th largest economy by GDP nominal rates ($ 3.5 trillion)and #3rdlargest economy in terms of purchasing power parity ($ 11.75 trillion),[2] India is a prominent #regional power,[3] a #nu*lear power, an emerging #globalpower and a #potentialsuperpower. India assumes a growing international influence and a prominent voice in global afraid

Mauritius is a very underrated development story, especially since it's one of the only countries to develop without falling into a period of autocracy or dictatorship. I would have put Mauritius over Rwanda...

Good for them.

Until a certain bald italian man siad he could Fix everything

Or a silly man with a silly mustache

@@The_whales All he did was make some jokes, sadly forgetting Germans don't have humour, so they took him seriously...

Nailed it, couldn't word it better

What about China for the first two 💀

@@steam9140 China's government did allow for free enterprise for a time, but it is an autocratic government that can shut everything down with no outside checks and balances to stop them.

@@Bolognabeef Stability is key to prosperity.

True

fr

🤖🤖🤖🤖

yeah this video had a bit of a neo liberal economic bias

But pinochet liked burgars!!!!!!

The economic miracle and the situation chile was in from 1990 - 2012 aprox, in which it was the most rapidly growing country in latin america and having the highest gdp per capita in the region, was the cause of pinochets phylosophy and the economic measures taken by his administration.

the crash probably happened due to the coup and sanctions from the us and its allies

A Chilean economics student here. Actually our called “economic miracle” is mostly referred as the growth that occurred after Pinochet dictatorship until a couple years ago. The time Pinochet was ruling most of the population suffered even more when compared to Allende’s administration.

"NK was richer than RoK until the 70s. And healthier until the 90s with longer life expectancy." You're not kidding, they had a devastating famine in the 90s that killed anywhere between 240,000 to 3.5 million people.

The power of Nokia and Perkele

@@lontongstroong And sisu, my parents tell me of those times in the late 40's and early 50's when my great grandparents and grandparents lived from hand to mouth while paying the reparations desperatly. Thankfully it paid out in the end

Indeed, such a shame that Oman isn't like Finland smh........

@@shzarmai I reckon Omanis are too content with their oil deposits. And if there is a yardstick to compare with it, it should be Norway instead of Finland - small population that are relatively homogenous and extremely high natural resource density per capita. Finland and Oman have barely anything in common that is.

I miss Nokia.

Wasn’t the richer country of africa or richer per capita or something before lybia invasion ?

it dudnt have the biggest growth thats not true. and it was never even relatively wealthy, in fact it was and still is very poor compared to other arab countries

it was still very poor, and badly managed state.

But Libya was a dictatorship.

@@DBV-iu1qw 😂😂

But Canada wasn’t ever really that poor

I don't think he meant just GDP per capita (which is something a lot of people do) but also wealth equality, high median incomes, HDI etc. Countries like Qatar and Saudi Arabia has higher GDP per capita than Canada but their population is not as prosperous.

Damn i hate that my country keeps being referd similary to Canada, we are not so much the same

But then Canada lets the Norwegian government (Equinor) exploit its own oil resources instead of exploiting it itself

@@aSuperPi. Norway wasn't really that poor either

I think the diamond economies is going to survive more longer than the oil economies since there isn’t any talks that diamonds is bad but with oil people people treat it as evil. Car oil will probably end in 2050 for Europe

There are now synthetic diamonds. They could hurt the diamond industry.

More impressed by China 🇨🇳 to be honest

@@habibmagala970 China has natural resources and was a always a huge economy and a superpower, South Korea never had any of these

@@user-dz4eb5rb3g China achieved the fastest economic growth in human history the only one country to compare is Japan.

@@theburden9920 yes but China was always a superpower South Korea never was they don’t even have resources North Korea has those

True, the only country that went from dirt poor after WWII to a developed economy in the whole world.

Isn't the point that his capitalist policies, (excluding the government intervention that made the 1982 crisis worse) paved the way for the Chilean economic miracle?

@@jonasastrom7422 You can make that argument. But its spurious and correlation is not causation. Uruguay never had a fascist dictatorship to achieve the same outcome. Even the badly run SA countries made significant progress during the same period.

@@dairallan Fascism? Where the hell did that come from?

@@jonasastrom7422 Where did it come from? Well the CIA wanted to replace the democratically elected leader of Chile. They identified a fascist named Pinochet and decided that was their man so they installed him into power. I would thought you'd know this before commenting on the thread.

@@dairallan No I meant the word fascist, he wasn't in any way or form a fascist. Also Allende's KGB funded campaign gained him a third of the vote, not the majority, so hardly very democratic. And the CIA had very little to no influence on the whole affair, the military was intent on couping the government after the disaster Allende created, all they wanted was "approval" from Nixon, which they got.

They’re right next to the United States. The parts close to the border are pretty much first world. Yet they hover over 10k per capita. Mexico doesn’t deserve to be on the list. They should be developed. Yet its become corrupt and cartel ridden in many parts. Anyway i still expect them to become a developed country this century. US is lucky to have them as a neighbour

@@rohanindra6401 I mean, as a mexican I'll be the first one to admit Mexico is not on a good spot rn, but to say Mexico is not developed is kinda wrong. Now, it's not a first world country either, the government is a joke and it's the main reason that keep Mexico from being as good as it could be

Like Brazil did, but I think it wasn't sustained growth

​@@alank.c.3822Federal Government and the cartels, really.

The entire Soviet sphere after the Soviets is impressive. I think out of all of them, Estonia represents them the best.

Whole Eastern Bloc, former Warsaw Pact group of countries' economic growth since Soviet dissolution has been impressive. Especially when juxtaposed with the rest of Europe's economic stagnation.

It is not actually, Poland is basically only recovering.

Besides, Polish (and other Eastern European growth) won't last because these are childless, stunted societies.

@@gustavoritter7321 If only the Poles would get rid of the concordat, and kick the Church out, it would be richer than Romania, Slovakia, Czechia, and all the ex-Yugoslav states combined

> Vietnam and China shifted from strict central planning to what Lenin started in 1920s as NEP > h0ser: they got rid of communism and embraced free market!

Funnily enough Alwin's government raised social spending and financing of public institutions. He also strengthened labour laws. Which is totally the opposite of what the boys from Chicago tried to achieve!

Because they kept the policies though

@@MA-go7ee There were very few "policies" under Pinochet, most of all privatizations of state companies. The "miracle" truly began when Aylwin, Frei and Lagos stabilized the economy, opened it to free trade & poverty declined, when actual reforms were enacted. None of those things happened during the dictatorship. Pinochet reluctantly (after two consecutive recessions) agreed to an autonomous Central Bank, probably the only good-no-caveats economic policy under the regime, as it has helped Chile better endure recessions. Other policies, like the privatization of pension funds have yielded poor results.

Bruh &lumen

@user-tn4vk9uj5d bruh. Finnish derives from ancient Estonian?

​@@Commenter495 or vice versa.

​@Zhong Xina You have done nothing wrong.

Wouldn't say that. GDP per capita starts to matter less as a tool of comparison when you get to higher income quintiles, but it serves as a pretty darn good indicator otherwise. France is a better country to live in than Portugal, in part because it's richer. Most people will be able to tell the difference between say Kenya and Botswana, and Mexico and Canada. It's very hard to provide good social services if you're not a wealthy country. Sure with wealthier countries,it does lose some of it's utility, due to diminishing value of money the more a country has. United States is 20ish% richer than Westerm Europe, but lags behind it in some QoL stats. But generally it does correlate with quality of life, with the exception of the most wealthy countries in the world.

@@trendymadness5159 Wealth inequality is also important you need to look at the great picture. Legatum posperity index is for now the best way to judge a nation in living conditions accoriding my current knownledge.

@@trendymadness5159 GDP per capita is basically the best single metric to use, but if you want a better picture you use multiple metrics like median income, wealth equality, poverty rates as well as other metrics like HDI or QoL to determine how well the population lives. And obviously if you are rich it doesn't really matter what country you live in because every nation provides some luxury.

That's not true. You can just google ireland medium income to see that it indeed increased almost two fold.

it's more interesting than if they were just circles.

I think it's their national animals but idk

@@crashclash2866 Yeah it is

Yoooo

yoo i watch your content, good stuff

@@Ventbrise yeah same, mans sick

Singa POOR

They also slaughtered tens of millions of their own people in some of the most deadliest ancient wars. The last 150 years do matter but….

100 years of economic development in an industrial country is equivalent to 1000 years in an agricultural country，Just like a small country like Japan and Britain beats a giant China

Its a tax haven so that money isn't generated there anyway, nor can they access that wealth since their entire existence is to hide the profits of Google, microsoft, Apple etc. They are a lot poorer than their GDP numbers would lead you to believe.

@@tomkav345 of course, but I'm specifically talking about GDP Growth Rate, which even if the money isn't remaining in Ireland at all, still makes Hoser's statement inaccurate as he said after the 2008 Financial Crisis Ireland had much slower GDP Growth rates, even though in 2015 the economy "grew" by 25%, an artificial growth rate or not, it still counts.

there are a lot of innacuracies in this video, most annoying is pretending like north and south korea are in the same situation except for economic policy... then it cuts to an ad about media bias lmao

@@shway1 North Korea actually had a better starting position. It was more industrialised and developed than the South, and had the trade routes to the rest of Asia.

@@jgw9990 when one side is allied with and in the sphere of influence of the rich industrialized world and the other is completely sanctioned and in the sphere of influence of a poorer regional power, that's not a "natural experiment" as it is often framed, that's all I'm saying. also south korea isn't the great example of free market capitalism some people think. it started out as a dictatorship with strong economic planning and is now a democracy with a huge govt-created monopoly problem, which ended up with their president going to prison and the heir to a quarter of south korea's gdp being pardoned by the next one. just to be super clear I'm obviously not saying the north is better it's much worse, but really bugs me when people make the "natural experiment" claim.

wait, ireland?

I disagree on Rwanda so many examples of countries not recovering from genocide and war. they did and then some.

@@korkorkorkorkor the economic growth mainly benefited the government and not the average person, especially recently

@@GTM9164 the average Rwandan is poorer than both his neighbors and his parents

@@korkorkorkorkor most is in the hands of corporations,

Bro botswana and Rwanda are honestly more "miracle" than all these 4

@@hambster9759 honestly seeing the exponential growth and the work of lifting millions upon millions of chinese out of poverty is far more impressive

Japan and Germany are very impressive to me !

Mega

Southkorea 1960-2000

Uruguay is actually less corrupt than a number of high-income countries. But I agree with the rest of the argument, it's waaaaayyyyy too unambitious relative to its potentials. Given its geographical location and institution quality, it could've easily positioned itself as Singapore of Latin America and branches beyond meat and grain exports.

>Chile is poorer than Uruguay, you're deadass wrong there buddy lmao

@@biggestnibba nah he isn't

@@JoacoG11 then sort by gdp or GDP per Capita adjusted to inflation and inequality, chile still higher. the only reason Uruguay has been doing so fine in statistics it's because it's a miniscule country, barely bigger than a medium city in population, it's really easy to have good statistics when your country it's barely over 3 million lmao

You clearly have no idea of Chinese economy.. watch less media in your country.. or people will just think you are dumb.. you are not.. you just don't know much.

bangladesh is still not a economic miracle. all south asian countries like india,bangladesh are one of the fastest growing in the world but still haven't experienced the economic miracle because their gdp per capita is still less than 3000 usd. but bangladesh and india are going to experience economic miracle in the future.

@@pratyushdash7573 Maldives and Bhutan are good

@@auguaauaguga6517 yeah but here i am talking about big countries who are developing like india and bangladesh

@@pratyushdash7573i think Israel is a good contestant for part 2. In the last 70 to 80 years Israel gone from almost starving to really wealthy. it is a economic miracle

@@user-br6dc1yq4k when someone's foster father is the USA then yeah it's a miracle

Second this

Just a list of land locked African countries. Yes Ethiopia has bad geography I have no idea why hosar thinks otherwise.

Israel? Never heard of it

@@confucius2215Denying its existence doesn’t make at any less real

I mean its impressive but the Jews that migrated their were very well educated and very connected with the elite. It would be more suprising if Israel failed to make their country prosperous with all the highly connected and skilled Jews in the country.

The Jews have never been short of money and wisdom

Interesting how these replies are hyperfocusing on the fact that the country is Jewish. You never see mfs talking about majority catholic countries like this

cringe tankie

@@thetaomega7816 lol no. Im actually a fan of Thatcher and Reagan. And they were successful but in a different era with different problems. I guess id like someone like Ron DeSantis, if forced to pick a Democrat Bloomberg. Dream guy John Kasich lol. Idk if you’re from the States.

@@thetaomega7816 american being american

Because Marxism was never a viable or sustainable model to begin with. Aside from USSR and China, most Marxist states were too inefficient and inadequate in supporting themselves having to rely on USSR, China or some other well-off state for aid.

🤓

The creation of a private and finantial market to attract foreign investment was literally THE reason the chinese economy took off, this cannot be understated. Without it China would still be poor. How on Earth this doesnt qualify as an "immense role"?

I mean bangladesh went down the drain anyways I do agree though

None of the asian countries could compete with Japan due to being destroyed by it in WW2

Yeaaaaaaaaa. Let’s do some donuts

Pretty sure the government is rich cause of gas

Turkmenistan finds oil and suddenly the US goes on a campaign about liberating turkmenistan from their oppressive dictatorship lmao

@@axlr8deathpls294 aren’t they already rich do to gas and friendly with the us

@@user-dz4eb5rb3g turkmenistan is called "the north korea of central asia" since it's currently a part of a brutal dictatorship.

gonna be a 4 hour video

@@zorbathegreek8339 I hope and pray (Im an atheist, I dont pray. But you understand what I mean) that Taiwan will be a free and independent country. Its so beautiful and has a rich history. I dont want China to destroy it. Especially before me and thousands of others get to experience its beauty.

@@zorbathegreek8339 I don’t think China would like that well at least the CCP

then you'd also have to include singapore

Technically China is still in a civil war?

@@kittenbus0 yea because there was no peace agreement but thats more of a technicality

It's not a website, it's a economy treemap used to show the exports of a country. There's one for basically every independent nation. Some can be even interacted with in places like statista

Yeah apple has a owes the tiaoseach alot but if they ask for the money then apple will leave eire, which is bad

Botswana and south Africa cannot developed together south Africa is completely screwed

Botswana was and is fortunate not have any Marxists run the show unlike its neighbors Zambia, Zimbabwe, Angola and South Africa.

@@jackholman5008I live here boet. Western cape is like a different world now under the DA. We might even get our own provincial electricity company which would be awesome

@@panadocoughsyrup no it's not boy,it can never be independent of the rest of the country stop dreaming

@@jackholman5008 Never said it would be independent, I’m a fence sitter on the WC independence thing. Maybe consider the idea that other people have done a significant amount of research and have come to logical conclusions of their own that might disagree with yours :)