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philwelch | 5 days ago

Is that true? The whole point of per capita is to cancel out the linear benefit of 100 million workers being able to outproduce 10 million workers. There are ways for small countries to have a per capita GDP higher than would be feasible for a larger country, but Taiwan doesn’t really do any of those. They don’t have oil or any other particularly valuable natural resources, and they aren’t a tax shelter like Ireland or a microstate with workers commuting across the border like Luxembourg. They have to create wealth the hard way, through labor productivity, just like the mainland. And between the two, the mainland has the potential to realize greater economies of scale.

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