WorthlessSlavicShit
There are no happy endings in Eastern Europe.
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Interesting.
This is from the people behind the Economic Complexity Index. Basically, according to their models, ECI is better for predicting future growth than basically any other measure. This is because there's a strong link between how rich a country is and how diverse and complex its economy is, with poor countries exporting commodities and natural resources dozens of other countries are also exporting, while rich countries produce a vast array of manufactured goods only a few, if any other countries create. Therefore, if a country's economy is more diverse than it should be given its income levels, it will probably grow faster than others on its level, while if its economy is too simple for its income level, it is more likely to stagnate.
Dark blue is the bottom, dark red is the top, pale colours are in the middle.
Interestingly, though not really, those figures mostly fit with the growth figures of those regions from 2008 to 2022
View: https://www.reddit.com/r/MapPorn/comments/16tjrta/african_nations_by_gdp_ppp_per_capita2008_vs_2022/
View: https://www.reddit.com/r/MapPorn/comments/16q1nkd/european_nations_by_gdp_ppp_per_capita2008_vs/
View: https://www.reddit.com/r/MapPorn/comments/16tfw9j/asian_nations_by_gdp_ppp_per_capita2008_vs_2022/
China, India, Indonesia, Uganda, and Vietnam are projected to be among the fastest-growing economies for the coming decade, according to researchers at the Growth Lab at Harvard University. The new growth projections presented in The Atlas of Economic Complexity include the first detailed look at 2021 trade data, which reveal continued disruptions from the uneven economic recovery to the global pandemic. China is expected to be the fastest-growing economy per capita, although its growth rate is smaller than gains seen over the past decade.
Growth over the coming decade is projected to take off in three growth poles, East Asia, Eastern Europe, and East Africa. Several Asian economies already hold the necessary economic complexity to drive the fastest growth over the coming decade to 2031, led by China, Cambodia, Vietnam, Indonesia, Malaysia, and India. In East Africa, several economies are expected to experience rapid growth, though driven more by population growth than gains in economic complexity, which include Uganda, Tanzania, and Mozambique. Eastern Europe holds strong growth potential for its continued advances in economic complexity, with Georgia, Lithuania, Belarus, Armenia, Latvia, Bosnia and Herzegovina, Romania, and Albania all ranking in the projected top 15 economies on a per capita basis. Outside these growth poles, the projections also show potential for Egypt to achieve more rapid growth. Other developing regions face more challenging growth prospects by making fewer gains in their economic complexity, including Latin America and the Caribbean and West Africa.
The Atlas of Economic Complexity by @HarvardGrwthLab
Visualize global trade data and economic growth opportunities for every country
atlas.cid.harvard.edu
This is from the people behind the Economic Complexity Index. Basically, according to their models, ECI is better for predicting future growth than basically any other measure. This is because there's a strong link between how rich a country is and how diverse and complex its economy is, with poor countries exporting commodities and natural resources dozens of other countries are also exporting, while rich countries produce a vast array of manufactured goods only a few, if any other countries create. Therefore, if a country's economy is more diverse than it should be given its income levels, it will probably grow faster than others on its level, while if its economy is too simple for its income level, it is more likely to stagnate.
The true value of the economic complexity measure is in its accuracy in predicting future growth, which ECI has been shown to do better than any other single measure in predicting growth. By identifying those countries whose economic complexity exceeds expectations based on its income level, the researchers find a strong predictor of the countries that will grow faster in the coming decade. The Atlas of Economic Complexity features data visualizations covering over 5,000 goods and services to understand the economic dynamics and growth opportunities for every country worldwide.
Dark blue is the bottom, dark red is the top, pale colours are in the middle.
Interestingly, though not really, those figures mostly fit with the growth figures of those regions from 2008 to 2022
View: https://www.reddit.com/r/MapPorn/comments/16tjrta/african_nations_by_gdp_ppp_per_capita2008_vs_2022/
View: https://www.reddit.com/r/MapPorn/comments/16q1nkd/european_nations_by_gdp_ppp_per_capita2008_vs/
View: https://www.reddit.com/r/MapPorn/comments/16tfw9j/asian_nations_by_gdp_ppp_per_capita2008_vs_2022/