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> This is far from the sub-Saharan African context where the economy is still developing and leaders are mulling how best to sustainably extract countries from
by throwawayjava 8y ago
> This is far from the sub-Saharan African context where the economy is still developing and leaders are mulling how best to sustainably extract countries from extreme poverty.
As developing economies continue to develop and pick the lowest-hanging development fruit, it will be interesting to see what happens to these comparisons. I won't be surprised if, in 50 or 100 years, the poorest 5% of the United States is on par with developing countries. By some accounts, that's already kinda-sorta the case [1].
[1] https://www.brookings.edu/wp-content/uploads/2016/06/How-Poor-are-Americas-Poorest.pdf https://www.brookings.edu/wp-content/uploads/2016/06/How-Poo...