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For the rich, those in developing countries often were behind
by rvba 14d ago
For the rich, those in developing countries often were behind
- PorciiVorbesc 14d agoOn the contrary. Industrial developing countries saw bigger % increases in their economic growth in the last couple of decades than the fully developed "old" western ones. Mostly due to "the rich" shipping western jobs there to cut costs and increase their margins. For example the likes of Poland, China, India and Vietnam were and still are growing like crazy when you compare to the likes of UK or Germany.