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If you don't agree with the metric pick another objective metric that could be measured. You would be hard pressed to find a metric in which developing countrie
by bko 5y ago
If you don't agree with the metric pick another objective metric that could be measured. You would be hard pressed to find a metric in which developing countries have not considerably improved since industrialization.
- Biologist123 5y ago1. Rights of access to productive assets. 2. Asset yield. 3. Leisure time.
- bko 5y ago1. Composite indicator of financial market development. Developing countries saw a big jump from the 1990s in terms of access to capital markets (productive assets) [0] 2. this one is tied into #1. People in developing countries have more access to capital markets and therefore more access to higher yielding products 3. Average annual hours actually worked per worker (OECD) shows a downward trend among practically all countries [1] [0] https://voxeu.org/article/financial-market-development-economic-development https://voxeu.org/article/financial-market-development-econo... [1] https://en.wikipedia.org/wiki/Working_time#/media/File:Annual_working_time_in_OECD.svg https://en.wikipedia.org/wiki/Working_time#/media/File:Annua...
- Biologist123 5y ago1. There is a difference between access and right of access; you’re mixing apples and pears. 2. As above. 3.Your time series starts in 1979 yet should start pre-colonialism, for it to be relevant to your point.