It took me a long time to realize it, but work/life balance in the U.S. is weighted far too heavily in favor of business, at the expense of the individual and their family and community.
Most of these countries are adopting American office concepts. More statistics, more pressure, more management / talks with management, more "work family", tighter interviews, you name it. All stuff that pressures the Average Joe who just wants to make a living. For SE, the majority of these jobs are best described as "gluing APIs together", nowhere near the prestigious "you really gotta want it!" jobs they are sold as. Now add to that while SE does earn above average in all of these countries, it isn't so luxurious as a non-senior that you could pick your nose and live super comfortably no matter which city you live in.
So the pressure got worse and both intrinsic and extrinsic motivators are down. Add onto that a bunch of other societal problems. If anything, it's more surprising people aren't expecting half the populace to burn out at some point in life.
I'm confused.
That said, maybe it'd be more apt to say "Silicon Valley office culture".