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Old 07-27-2017, 12:06 PM
 
41,947 posts, read 20,472,245 times
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Quote:
Originally Posted by txjl123 View Post

Countries not developed and not rich: non-US allies, no funding and no trade from US.

Now you see how China is trying to change world orders.
Cuba is an example of the former.

Sub Saharan Africa is an example of the latter.
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Old 07-27-2017, 01:59 PM
 
106 posts, read 56,739 times
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Quote:
Originally Posted by txjl123 View Post
Now you see how China is trying to change world orders.
New World Order?
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Old 07-27-2017, 02:37 PM
 
Location: SE Estonia
2,019 posts, read 942,639 times
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What I don't understand why they're so rich or poor, in Europe-
Luxembourg- why it is so ridiculously rich? (Small, no resources)
ex-soviet countries: Moldova- why so-oh poor, Slovenia (in turn) why so rich?
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Old 07-27-2017, 04:22 PM
 
Location: Phoenix
791 posts, read 645,744 times
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Singapore has almost nothing, except the people. And they are super rich.
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Old 07-27-2017, 05:03 PM
 
490 posts, read 262,009 times
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I don't understand why countries like Albania, Bosnia, Macedonia or even Serbia remain so poor compared to other European countries, or even compared to countries like Slovakia or Croatia. They have small, more or less homogeneous populations, they are close to big developed markets like Italy or Germany, and so on.

Uruguay should be as rich as any Western European country too IMO. From what I know its education system was one of the most advanced in the early XX century, and it always had a much lower population growth rate than any other Sudaca country bar Argentina. Perhaps it jus fell victim of its condition as a buffer country between Argentina and Brazil, and got too influenced by these countries politics.
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Old 07-27-2017, 06:48 PM
 
902 posts, read 1,316,995 times
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Don't understand what is in Luxembourg that makes its GDP per capita more than twice that of Netherlands' or Belgium's?
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Old 07-28-2017, 12:36 AM
 
11,925 posts, read 10,646,204 times
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Quote:
Originally Posted by Anhityk View Post
What I don't understand why they're so rich or poor, in Europe-
Luxembourg- why it is so ridiculously rich? (Small, no resources)

ex-soviet countries: Moldova- why so-oh poor, Slovenia (in turn) why so rich?
It's pretty easy, look up what their economy is all about and you'll discover three magic words "international banking sector."
Plus Luxemburgians are yet again "Germans of some kind."
Why should they be poor? ( yet another note - ALL countries of Germanic root are prosperous.)
Overall the rule of thumb when it comes to rich/poor countries in modern world is the following; all the nations that were at the helm of Industrial revolution ( and colonies that they founded) are prosperous. ( Add here SOME countries that these particular nations were *interested in,* invested in, and structured - something like Hong-Kong, Singapore, or South Korea,) - and here is your answer. They'll be relatively wealthy too. The rest - not so much, with variable degree of poverty. (Oh, don't forget the countries whose natural resources serve the "alpha nations" I mentioned above. Resources like oil ( so we are talking about the Saudi Arabia in this case.)
But to answer your question regarding Moldavia vs Slovenia - check the geographical situation of Slovenia vs Moldavia's, the fact that Slovenia is part of the E.U and hence it's financially integrated in EU with all the positive consequences of German/Austrian investments, while Moldavia is out in a cold - no one is really interested in it.
So the answers are pretty evident.
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Old 07-28-2017, 12:51 AM
 
6,147 posts, read 6,514,317 times
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Quote:
Originally Posted by Razza94 View Post
Before WWI Argentina was one of the ten weathiest nations in the world, ahead of most of Europe, but decades of politcal instability and general bad governance have held the country back for a very long time.

The nation in South America with the greatest potential for wealth is Venezuela, due to its enormous oil reserves. But as usual, it's held back by a bad government that stubbornly clings to discredited economic theories.
ive been to argentina , it has the potential to dominate agriculture globally , the farmland there is incredibly fertile and so much of it , its the country which most poses the question " why is it not wealthy "

as for venezuela , well the usa has been treating it like it did cuba now for about twenty years so that doesnt help , its also very dependent on oil
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Old 07-28-2017, 12:54 AM
 
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Quote:
Originally Posted by Pueblofuerte View Post
Venezuela should be richer than Saudi Arabia and United Arab Emirates. Instead its plagued by fanciful socialist policies and corrupt & egotistical leadership.
the usa is a key ally of saudi arabia and the UAE , the usa has the same approach to venezuela that they did to cuba for decades , they stymie them at every turn
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Old 07-28-2017, 12:56 AM
 
6,147 posts, read 6,514,317 times
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Quote:
Originally Posted by Brave New World View Post
Africa is full of natural resources and parts of it are verey beautiful.

Sadly civil wars and tin pot dictators have played a part in Africas current situation as have unfair trading conditions with the West.
unfair trade policies ( which favour the west ) are the big one , they mostly shield european farmers from competition , were african prime produce allowed in without restrictions , the likes of food would be cheaper in europe
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