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Old 05-13-2014, 12:02 PM
 
Location: Novy Jicin, Czech Republic
257 posts, read 516,333 times
Reputation: 389

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Quote:
Originally Posted by dunno what to put here View Post
Poland and the Czech Republic are without a doubt developed countries, and are pretty 'Western' by all accounts - what are you smoking?
Could not agree more. I did not want to be the one who was going to say that but comparing the Czech Republic or South Korea with Angola does not make any sense. As for GDP per capita, the Czech Republic has higher GDP than for example Portugal and I am pretty sure that you do not consider Jose Mourinho´s birthplace to be underdeveloped...
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Old 06-01-2014, 04:49 AM
 
2,969 posts, read 1,954,564 times
Reputation: 1077
Quote:
Originally Posted by dunno what to put here View Post
Poland and the Czech Republic are without a doubt developed countries, and are pretty 'Western' by all accounts - what are you smoking?

MSCI Global Equity Indexes - Indexes - MSCI
Czech Republic, Poland, and South Korea are all considered as emerging markets according to MSCI!
Even Greece now is downgraded to emerging market.
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Old 06-01-2014, 05:21 AM
 
Location: Hong Kong / Vienna
4,499 posts, read 6,316,318 times
Reputation: 3986
Quote:
Originally Posted by Daywalk View Post
MSCI Global Equity Indexes - Indexes - MSCI
Czech Republic, Poland, and South Korea are all considered as emerging markets according to MSCI!
Even Greece now is downgraded to emerging market.
Ever been to the Czech Republic or Greece? I somehow doubt that.
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Old 06-07-2014, 02:05 PM
 
304 posts, read 778,374 times
Reputation: 187
[quote=Daywalk;34724019]I will list them in alphabetical order.
Upper tier major emerging economies
Lower tier major emerging economies

12. Hong Kong

32. Singapore


Hong Kong and Singapore are not really emerging economies anymore. Both their per capita GDPs are higher than those of some Western countries, like the United Kingdom.
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Old 06-07-2014, 02:10 PM
 
304 posts, read 778,374 times
Reputation: 187
Quote:
Originally Posted by jiri View Post
Could not agree more. I did not want to be the one who was going to say that but comparing the Czech Republic or South Korea with Angola does not make any sense. As for GDP per capita, the Czech Republic has higher GDP than for example Portugal and I am pretty sure that you do not consider Jose Mourinho´s birthplace to be underdeveloped...
2014 GDP (nominal) per capita:
Czech Republic = $18.8k
Portugal = $21.7k
Hong Kong = $41.4k
Singapore = $50.3 k
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Old 06-07-2014, 03:28 PM
 
510 posts, read 606,614 times
Reputation: 755
Quote:
Originally Posted by Daywalk View Post
I am not finding similarities between Hong Kong and Angola. I am just stating they have something that can challenge the economic dominance of the West in the future.
Hong Kong, along with other Asian Tigers, will challenge the West in terms of living standard.
Angola's population and economy is simultaneously growing very quickly to make it a major player in the global economy in the future along with the other 6 African countries I have listed, namely: South Africa, Nigeria, Egypt, Algeria, Morocco, and Ethiopia.
HK and Singapore have already reached, if not surpassed, western standards of living. HK has the same per capita income as the USA, Singapore's is higher. They both have higher life expectancies, lower infant mortality rates, less crime, better access to healthcare, better primary education systems, etc. yet you have them listed as lower tier emerging economies. By what factors are you comparing them?
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