Probably they took USD or Euro values and the number is driven down by the large devaluation of the Turkish Lira.
If you had little catching up seems like a miracle percentage wise.
Does that match the wage growth?
Romania is the tiger
What have you been up to Romania?
Solow-Growth Model in action. It isn’t 100% correct but there is truth to it.
When you break down international barriers and work together with other it enables poorer regions to “catch-up” faster because it is easier to “catch-up” than it is to innovate and invent.
This is why since post-ww2 global cooperation has increased and global inequality has dropped massively while rich countries are barely growing at 2-3%.
This is also why I think we might see global population flatten and decline. As poorer countries get richer and have less kids, rich countries are not advancing medicine fast enough to extend lifespan so there’s less and less population growth now.
Could it change with new research into aging? Yeah maybe, but that might be a log ways off.
And yet Romanians massively leave Romania and migrate to West
Goddamn, Romania, check you out
Latvia are such slackers! 😄
ROMÂNIA CEA MAI PUTERNICĂ ȚARĂ 💪💪💪💪🇹🇩🇹🇩🇹🇩
You mean economy inflation?
I wish the UK was split into their countries in maps like this, very big differences between NI and England in things like this.
But life was worse in the 70s, 80s and 90s because muh terrorism, muh drugs, muh P2
/s
13 comments
Türkiye seems surprisingly low.
Probably they took USD or Euro values and the number is driven down by the large devaluation of the Turkish Lira.
If you had little catching up seems like a miracle percentage wise.
Does that match the wage growth?
Romania is the tiger
What have you been up to Romania?
Solow-Growth Model in action. It isn’t 100% correct but there is truth to it.
When you break down international barriers and work together with other it enables poorer regions to “catch-up” faster because it is easier to “catch-up” than it is to innovate and invent.
This is why since post-ww2 global cooperation has increased and global inequality has dropped massively while rich countries are barely growing at 2-3%.
This is also why I think we might see global population flatten and decline. As poorer countries get richer and have less kids, rich countries are not advancing medicine fast enough to extend lifespan so there’s less and less population growth now.
Could it change with new research into aging? Yeah maybe, but that might be a log ways off.
And yet Romanians massively leave Romania and migrate to West
Goddamn, Romania, check you out
Latvia are such slackers! 😄
ROMÂNIA CEA MAI PUTERNICĂ ȚARĂ 💪💪💪💪🇹🇩🇹🇩🇹🇩
You mean economy inflation?
I wish the UK was split into their countries in maps like this, very big differences between NI and England in things like this.
But life was worse in the 70s, 80s and 90s because muh terrorism, muh drugs, muh P2
/s