Friday, November 14, 2008

38 years

This is about how long it would take the GDP per capita of Mauritius to reach that of Singapore. Indeed the USD 5,496 figure we clocked last year would attain Singapore's 2007 performance of USD 35,163 if it grew steadily at 5% until 2046.

But this assumes that the incredible south-east Asian tiger would stop growing for the next four decades and wait for us to catch up. A very unlikely event considering that since Sithanen joined politics, Singapore has been growing at 6.5% on average every year vs. our own 5.0%. Singapore's GDP per capita number is already better than those of Spain and Japan and should match Germany's before Brazil hosts the World Cup in 2014.

8 comments:

Samad Ramoly said...

How dare you challenge Dodoland's "coude à coude" status with Singapore?

Sanjay Jagatsingh said...

Irreverence is my middle name!

akagugo said...

With this nice tool for comparing the tiger-wannabe with the real tiger... :-)

Sanjay Jagatsingh said...

@akagugo: nu paret ase piow dan sa konparezon la. Ena ti kav kumans tir inpe kan met inpe pom de ter non?

akagugo said...

@ SJ:
Rass kann, ça ti-planterr inn trouv lozik-la dépi lontan. MSPA is slowly now picking up, but not abandonning their staple (rent-earning) crop any time soon - look at the investments made in equipment for making specialised sugars and irrigation.
"Avant qu'on ne crève la gueule ouverte", kiferr bann 'policy-makers' pa enkor pran kontt sa boug-la so bann l'idée. Eski zott pé attann lapli tomber pou li ress trankil? Ou-bien ena ki pe enkor kwar ki kann touzour enn pillier de l'economi Dodoland? Abé nou contign garde corporate tax 15%, lerla nou guetter kott kass pou sorti pou kapav ranz enn reservoir...

Sanjay Jagatsingh said...

Bizin ki bann ti planter move on. Btw, kit fwa mo bizin update sa post la etan done ki Singa so krwasans en USD ti 9.75% pli for ki pu nu kan burzwa la ti la.

Sanjay Jagatsingh said...

Singapore actually leapfrogged Germany in 2010 with that huge rebound of almost 15%.

It was already in the top 10 in 2013. Next target: Sweden.

Sanjay Jagatsingh said...

Have to update this sometime.