HISTORY 207 Lecture Notes - Lecture 25: Lee Kuan Yew, Free-Trade Zone, Sukarno
8 Mar 2016
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Outline -- southeast asia"s economic take-off 1965-2013: historic significance. Life expectancy at birth is 45 yrs old: avg income 3% of us, fewer than 1 in 5 lived in cities o, outside city, few had electricity o o, avg income 10% of us & rising. Today: < 40% of seasian are involved in agriculture. Life expectancy is 70 yrs (not much diff from us). Disprove once popular theory (dependency theory 1960s-1980s) that structural rich-poor inequalities doom poor countries to constant poverty. In this view, sea, africa, latin america will never escape the suffering & poverty is inevitable. Sea in last 2 generations had disproven these predictions: don"t have rising birth rate. More stabilization, rising living standards, increased efficiency in gov operations, decrease in regional violence & disorder, modernizing economy. Sea showed 3 r d world poverty is reversible. Shift from n atlantic to asia-pacific o: shift, rise of:
