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South Korea has done well, with no access to cheap energy and high defense spending needs. But I couldn't tell whether they have a good life relative to their n
by fspeech 4y ago
South Korea has done well, with no access to cheap energy and high defense spending needs. But I couldn't tell whether they have a good life relative to their number of hours worked.
- simonblack 4y agoI haven't looked, but I too reckon you'd find that the wage, infrastructure and social-security structures in Germany are more costly than those in South Korea. Thus meaning that South Korea can remain more competitive than Germany.