Actually, what my Russian advisor (studied at MEPhI and Kurchatov) said was that establishing industry in Russia is a less effective use of money than just pumping oil esp. taking into account the cost of heating the factories so it might as well be moved to Malaysia where the climate is better. He also said Turkey was better than Sochi for vacation. Does that answer your question?
As you can see he is thinking about that all right.
The question for him is whether we want to uproot the world and rebuild it in the most energy-efficient way possible. That would affect most everyone in the world: I'm not sure the Malays want to be that global industrial hab. Perhaps they enjoy their jungle more than hosting industry for the whole world. Seeing as they already have lots of it.
