I wrote a mini thesis on Botswana a while back, these authors actually discussed Botswana extensively in their papers and used it as an example to show how even a resource poor wasteland can end up as a middle income country within a few decades and outperform its neighbors. Obviously Botswana isn't great but it answers the question pretty well
A lot of diamonds (granted those aren't doing so well) and small populace did scale well early on. Issue was that Botswana is so small in population that it can't get much done due to a tiny labour base and the lack of skilled workers to entice FDI or companies. It's more or less a case of how under population can harm an economy.
2 years ago
Anonymous
Botswana totally destroys the resource curse cope. Europe has the best farmland and Africa has no resources whatsoever.
2 years ago
Anonymous
>Botswana totally destroys the resource curse cope.
All it can do is shit out diamonds lol. It has no economic relevancy otuside of that
2 years ago
Anonymous
Same with Italy, or sweden or whatever, their economy is entirely tourism with some UAE tier "diversification".
All first world economies are entirely tourism. I'd say Saudi Arabia is the only country in the world that is useful, if saudi left the entire world would collapse.
No, it's bullshit and 3rd world nations that listened to liberals got robbed and raped
India and Africa are at best middle income trapped thanks to liberals, while China surges forwards since they told libs to frick off
>chyyynaaaa will collapse
your anus will collapse if you take more conservashit wishful thinking fricking dumb amerishart
[...]
After
They got let in the global financial system while retaining control over their economy
Is China "pluralist"? Does it have "strong property rights"?
[...]
Americans way of coping with their botched covid response
2 years ago
Anonymous
Now what's the US inflation rate using the Same stats as the 70s?
what's the unemployment rate for youth in america? Full unemployment, not "if you've been looking for work over 3 months you're not really unemployed
You know he talks about china in the book right? And that autocratic growth is possible and pretty fast even, the hypothesis of the book is just that China will never be the number one basically which is still true
>any day now China will collapse >they will never be number 1, it's just not possible
You know he talks about china in the book right? And that autocratic growth is possible and pretty fast even, the hypothesis of the book is just that China will never be the number one basically which is still true
After
They got let in the global financial system while retaining control over their economy
Is China "pluralist"? Does it have "strong property rights"?
Winnie The Chink is literally destroying China with his moronic zero covid policy right now.So the book is right.
Americans way of coping with their botched covid response
Wealthy countries are no big mystery. >Be white or East Asian. >Free markets.
What nobody wants to hear is that it's mostly down to the genetics of the population.
People tend to create businesses and make money a lot more enthusiastically when they’re confident their new wealth won’t be stolen or erased somehow
The reality is gdp=tourism.
All posts below are spam, the entire thread is mentally moronic.
how many months are you going to keep posting this.
In theory yes in reality as ling as they can make a lot of money they don't give two shits at all. The rewards is just so high lol.
yes
The very fact this thread exists is proof of the mental moronation of his.
I wrote a mini thesis on Botswana a while back, these authors actually discussed Botswana extensively in their papers and used it as an example to show how even a resource poor wasteland can end up as a middle income country within a few decades and outperform its neighbors. Obviously Botswana isn't great but it answers the question pretty well
>resource poor wasteland
>Botswana
70% Kalahari desert. That qualifies as "resource poor wasteland".
A lot of diamonds (granted those aren't doing so well) and small populace did scale well early on. Issue was that Botswana is so small in population that it can't get much done due to a tiny labour base and the lack of skilled workers to entice FDI or companies. It's more or less a case of how under population can harm an economy.
Botswana totally destroys the resource curse cope. Europe has the best farmland and Africa has no resources whatsoever.
>Botswana totally destroys the resource curse cope.
All it can do is shit out diamonds lol. It has no economic relevancy otuside of that
Same with Italy, or sweden or whatever, their economy is entirely tourism with some UAE tier "diversification".
All first world economies are entirely tourism. I'd say Saudi Arabia is the only country in the world that is useful, if saudi left the entire world would collapse.
No, it's bullshit and 3rd world nations that listened to liberals got robbed and raped
India and Africa are at best middle income trapped thanks to liberals, while China surges forwards since they told libs to frick off
>India
>middle income trap
nice b8
Winnie The Chink is literally destroying China with his moronic zero covid policy right now.So the book is right.
>liberal policies destroyed China with lockdowns
Ok
Now what's the US inflation rate using the Same stats as the 70s?
what's the unemployment rate for youth in america? Full unemployment, not "if you've been looking for work over 3 months you're not really unemployed
>b-but what about Murica
>two more weeks gweilo
>chyyynaaaa will collapse
your anus will collapse if you take more conservashit wishful thinking fricking dumb amerishart
>China surges forwards
China is a meme bro. The average chinaman is poorer than the average mexican.
mexicans have no hope
> China surges forwards
lol
lmao even
>any day now China will collapse
>they will never be number 1, it's just not possible
Chink tears, enjoy your fricked up demographics
You know he talks about china in the book right? And that autocratic growth is possible and pretty fast even, the hypothesis of the book is just that China will never be the number one basically which is still true
China "surges forward" because America invested in them.
Everything after the third reply is complete stupidity. This is shaping up to be the dumbest thread on the board.
After
They got let in the global financial system while retaining control over their economy
Is China "pluralist"? Does it have "strong property rights"?
Americans way of coping with their botched covid response
Wealthy countries are no big mystery.
>Be white or East Asian.
>Free markets.
What nobody wants to hear is that it's mostly down to the genetics of the population.
It's gdp=tourism.
Unfunny homosexual strikes again.
Cope
america 100% falls. the amount of % bound is the % one falls with them
>pick your own level of moronation
Democracy never generated any wealth, it came into already wealthy countries and was sand in the working machine at best.