How come people from East Asian countries (Japan, Taiwan, Korea, HongKong, Singapore) are so rich?

Question

What're the factors make them one of the richest areas in the world?

I'm not just saying this. Look at the GDP per capita @2006 (by IMF):
http://en.wikipedia.org/wiki/list_of_cou...

HongKong:$38,127
Japan:$32,647
Korea:$23,926
Taiwan:$30,084
Singapore:$32.867
European Union (average):$29,311
France:$30,693
Germany:$31,095
Italy:$30,732
UK: $35,051

Answer 1

Really?? Cool!

Answer 2

this relies upon on alot of things..yet one factor in elementary for Japan, South Korea, and Taiwan is that folk artwork lots longer hours than Western international locations. My chum labored from 8AM to lifeless night six days a week at his organization in Tokyo, and that wasn't considered too outrageous. additionally, advantages mutually with trip trips are no longer as reliable as western international locations. One month of trip is uncommon for the common eastern worker, while interior the U. S. its accessible, and that i've got heard in France they get much extra. besides, compelled time beyond regulation artwork is trouble-free, so in case you had to artwork 60 hours a week you're able to make alot too :) There additionally are modifications in how workers and companies relate..for Japan a minimum of, as quickly as you're employed via a organization there's a reliable experience of loyalty to the organization, and the organization additionally takes reliable care of you. it incredibly is different from say, the U. S. the place changing your activity regularly is universal; it extremely isn't any longer so familiar in Japan..

Answer 3

Actually many people in those countries are living in poverty...The rest is due mainly to technologies that they produce.

Answer 4

They see the light!