Yes, asia is slowly surrendering to it.. its fast spreading. Even faster than SARS, and even deadlier. The world is caught up with infrastructure fever.
Every business, every enterpreneur, every employed individual, is thinking about acquiring land, buildings, apartments, or some extra space than what they have got.
Its fast catching up in China, india, and almost all asian countries.
In Chennai, India
I used to see ads in the paper for buyers .. for buying finished buildings or under-construction spaces, or posh commercial complexes.
But this week i saw something different.. lots of ads on paper requiring land for construction in chennai.. every popular building promoter and construction company advertized requesting land owners/ old building owners to react, promising more-than expected money, without a condition, if neccessary "will pay in cash" was the word.
That's huge demand... That's when you start begging, and will surrender more than it deserves.
What triggered the demand?
So much Money around...
Chennai is now filled with money makers..business has been good and growing multi-fold last year, and already this year. I thought it was just software, but every business was thriving in demand. People got more money, well-paid salaries, growing businesses, and good demand for good products.
Though... surprisingly, prices have not been increasing because of the demand(except for real-estate).. thats good. it helps the demand survive longer.
Theres more money inflow.. flowing into chennai, by way of more people migrating into the city. More businesses are establishing their branches here overwhelmed by the growth.
So many people needing more space...
More people are migrating into chennai, 99% of them on job transfers and because their business spread. This catapulted by lower infrastructure interest rates about 6-9%(not very low compared to many countries offering loans at 2-3%), has had everyone think real-estate. More money in hand always tempts. People are buying houses for their own, businesses are buying huge amounts of land for constructing their offices. Businesses already having good offices in chennai, are also getting on the bus and expanding business spread with new office spaces.
"Growth needs space"
As things grow, they eat up more space.. or only when theres more space, can something in it grow bigger.
Minds need more space to think better and manage bigger, growing businesses. People need more living space to fit their family and everyone in, and still have space to stretch.
The infrastructure fever is got to make asian countries bigger and better developed. The western countries had this fever a long time back, while asians were very resistant to growth and lived with the what was available.
Now that, western countries find a space crunch, and their spaces are almost saturated, they are getting their investments flowing into us...countries like india and china. This money shifts hands as bigger salaries, bigger costs on products, and make way to indian pockets.
Labour costs and infrastructure development costs are low in asia compared to the western reality. So, this investment is getting the western countries their due of business, more work outsourced and completed cheaper. So they are not minding losing the money to indian pockets.. for sometime.. till they start getting their ROI.
While its a win-win both sides, its always the investor who takes back the bigger pie. It might be different with Asia though.
Asians, having deprived for a long time of learning good business, and earning bigger salaries, will find it easier to work the demands of these investors, earn higher, and very importantly learn the job better than the investor.
In Asia, growth needed space.. but was not feasible so long... now, we will witness asia grow as bigger as its size in comparison to size of other continents... literally.

Also, however these people are grouped, I don't think even a handful of them would support a motion of considering pakistanis alone the population of the world... ...while, there may be some countries where quite a lot of people openly say that they are the world.

