[lbo-talk] China's growth

Autoplectic autoplectic at gmail.com
Sat Jul 23 20:41:11 PDT 2005


On 7/23/05, Dennis Redmond <dredmond at efn.org> wrote:


> Why not? It has the brainpower, it's highly urbanized and has a sizeable
> history of industrialization. And there are 450 million Euroconsumers on
> its doorstep. It doesn't need to depend on exports, it just needs enough
> to pay for imports of those pricey Central European machine-tools and ERP
> software.
>
> > 2003; Finland, $11,590. Scaling Russia up to the Finnish rate of per
> > capita exports would mean that Russia would have to export $1.7
> > trillion, 18% of current world exports. Kinda hard.
>
> But not impossible, thanks to the miracle of compound growth. I'm agnostic
> on the development-as-progress issue -- being richer doesn't equate to
> being nicer or more cultured. Still, I think the expansion of the EU is
> going to make this not just possible, but inevitable.
>
> -- DRR

---------------------------

Ecological footprints and political ecology for $500 please, Alex...........

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