Straha
Banned
I came across this nice little chart:
Comparing the GDP per Capita Levels of Economies Behind the Iron Curtain with Those of Similarly Situated Economies that Escaped Communist Rule East-Block Country GDP per Capita Matched West-Block Country GDP per Capita Relative Gap
North Korea 700 South Korea 7660 0.91
China
490
Taiwan
9550
0.95
Vietnam
170
Philippines
850
0.8
Cambodia
150
Thailand
2110
0.93
FSR Georgia 580 Turkey 2970 0.8
Russia
2340
Finland
19300
0.88
Bulgaria
1140
Greece
7390
0.85
Yugoslavia
3240
Italy
19840
0.84
Hungary
3350
Austria
23510
0.86
Czech Republic 2710 Germany 23560 0.88
Poland
2260
Sweden
24740
0.91
Cuba
460
Mexico
3610
0.88
Geometric Mean 930 Geometric Mean 8030 0.88
And it got me thinking. If communism had never developed, and the above
communist countries had instead done as well as their non-communist countries, what would things be like?
Doing a rough calculation in my head, it would, more or less, double the
wealth of the planet (the biggies are China and Russia). But there would be a lot more as well. More interactions and travel through the various places in the world. Globalization would be further along, and we'd probably have more of a world culture. Russia and China would both probably have movie industries and pop-culture that would be the equal (in terms of popularity around the world) to the US. And so much more.
Any interesting thoughts or ideas you can think of, macro-speaking, for the non-communist world?
Comparing the GDP per Capita Levels of Economies Behind the Iron Curtain with Those of Similarly Situated Economies that Escaped Communist Rule East-Block Country GDP per Capita Matched West-Block Country GDP per Capita Relative Gap
North Korea 700 South Korea 7660 0.91
China
490
Taiwan
9550
0.95
Vietnam
170
Philippines
850
0.8
Cambodia
150
Thailand
2110
0.93
FSR Georgia 580 Turkey 2970 0.8
Russia
2340
Finland
19300
0.88
Bulgaria
1140
Greece
7390
0.85
Yugoslavia
3240
Italy
19840
0.84
Hungary
3350
Austria
23510
0.86
Czech Republic 2710 Germany 23560 0.88
Poland
2260
Sweden
24740
0.91
Cuba
460
Mexico
3610
0.88
Geometric Mean 930 Geometric Mean 8030 0.88
And it got me thinking. If communism had never developed, and the above
communist countries had instead done as well as their non-communist countries, what would things be like?
Doing a rough calculation in my head, it would, more or less, double the
wealth of the planet (the biggies are China and Russia). But there would be a lot more as well. More interactions and travel through the various places in the world. Globalization would be further along, and we'd probably have more of a world culture. Russia and China would both probably have movie industries and pop-culture that would be the equal (in terms of popularity around the world) to the US. And so much more.
Any interesting thoughts or ideas you can think of, macro-speaking, for the non-communist world?