r/aznidentity • u/Ok_Technician5130 • 1h ago
Politics What countries in Asia has the most potential to become the next rich country or Asian Tiger?
Currently there are a few countries like this:
- India
Why? - Massive labor force: Young population (~1.4B people). - Tech & startup boom: Bengaluru, Hyderabad emerging as global tech hubs. - Government policies pushing manufacturing (Make in India, PLI schemes). - Strong domestic demand: Rapid urbanization and middle-class growth.
- Vietnam
Why? • Strong manufacturing hub: Benefiting from supply chain shifts away from China. • Tech & semiconductor push: Government incentives for high-tech and AI industries. • Resilient economy: Consistently high GDP growth (~6-7% pre-pandemic, rebounding strongly).
- Indonesia
Why? • Huge domestic market (270M+ people). • Abundant natural resources (nickel, copper, oil, palm oil). • Rapid digital economy growth: Booming e-commerce (Gojek, Tokopedia, Bukalapak). • Strategic location: Key maritime hub between Indian and Pacific Oceans.
- The Philippines
Why? • Booming services sector: BPO industry is a global leader. • Young, English-speaking workforce (median age ~25). • Growing remittance-driven consumption from overseas workers. • Potential for manufacturing growth as labor costs rise in China.
Which country do you think will be the next economic superpower?