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The size of the GDP is really just a part of it. Indonesia for example has a high gdp ($1 trillion+) but Switzerland or The Netherlands can make tech that they
by csomar 4y ago
The size of the GDP is really just a part of it. Indonesia for example has a high gdp ($1 trillion+) but Switzerland or The Netherlands can make tech that they can't, currently, produce. So it's not like it's half gdp, half the power. It's more like 80% power.
I think some regional players (middle-east like UAE and Saudi Arabia) have enjoyed some playing field in this Russia war because of the circumstances. This might make it look that they have "power" but they don't. Once things calm down, they'll probably regret these decisions.