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Britain Is a Developing Country

sambowman.co

221–230 of 238 posts

Re: Britain Is a Developing Country

#221

Earlier quoted context omitted.

The whole of Europe is on the decline

The whole West I'd say. Power is shifting to China and the Middle East.

yeah. The Middle East is a quiet underdog people have not been paying much attention, but the Arab world is really powerful

Re: Britain Is a Developing Country

#222
post #82

Earlier quoted context omitted.

This seems like a deeply off-the-wall take. Why would the UKs living standards increase? Because the world continues to get richer. Is the UK going to regress to developing world status? That's a heck of a claim. Has any country that was among the richest in the world regressed to developing nation status? This is supposed to happen on the basis of being marginally disadvantaged in trade negotiations? Get real. This…

Argentina was 100 years ago one of the richest countries on the planet. I'm not saying that such a decline will will happen to the UK, but it is myopic to suggest that it is impossible. It's only "impossible" if we actively stop it happening.

i don't think Argentina ever had the infrastructural or foundational sophistication of the UK. Britain is fairly nimble, it's a naturally a native English speaker country, and has many of the same values that attract businesses to the US. Argentina is a non-starter.

Re: Britain Is a Developing Country

#223

Earlier quoted context omitted.

This seems like a deeply off-the-wall take. Why would the UKs living standards increase? Because the world continues to get richer. Is the UK going to regress to developing world status? That's a heck of a claim. Has any country that was among the richest in the world regressed to developing nation status? This is supposed to happen on the basis of being marginally disadvantaged in trade negotiations? Get real. This…

> Is the UK going to regress to developing world status? Lexically, tats an oxymoron, if you are regressing you are clearly not developing. Empirically, living standards have been falling in UK for a decade, while developing countries are developing. Clearly, eventually they will intersect. Logically, you seem to claim that a developed economy cannot collapse no matter how badly it's mismanaged?

The "developing world" is a such a big cross-section that it's not really possible to correctly claim something like that will apply to all the involved countries, but despite their growing patterns, they also seem to breed a pattern of political and economic turmoil that is self-inflicted from time to time: Chile almost assembled a new constitution recently, Argentina's currency and economy is in deep trouble, Brazil is flirting with a left dictatorship while back to uncontrolled spending, etc. One thing the UK and many "legacy" brands have always offered was the sheer stability of their institutions. Brexit may have had the world at pause for a bit, but it's not really a shakedown of that base.

Re: Britain Is a Developing Country

#224

Earlier quoted context omitted.

And how did the UK acquire the strength needed to take those colonies? Would-be conquerors are a dime a dozen, empires as successful as the British not so much

I mean, I don't think "well, they used to have a big empire" says that much about the current state of the country. Shift the dial around a century or so, and you hit at least three other Best Empire countries (Spain, Portugal, Netherlands). I think the British empire is particularly memorable because it was basically the _last_ one (pedantically, shreds of the Portuguese one held on for a bizarrely long time, but th…

it's also probably memorable because it was the largest empire in human history with like almost a third of the world in its possession? It's arguably one of the most influential

Re: Britain Is a Developing Country

#226

Earlier quoted context omitted.

Failed coup attempts are signs that someone wants the government to be unstable, but less so that it actually is. Russia’s government has been very stable for the last couple decades, with little change in substantive authority even in the inter-Putin period when Medvedev was nominally President; certainly much less substantive change than in the UK. (One might reasonably suspect its the kind of stability produced by…

Truly stable countries don't have coups at all. A coup of any kind is a sign of instability.

> Truly stable countries don’t have coups at all.

A failed coup attempt is not a coup.

Re: Britain Is a Developing Country

#227

Earlier quoted context omitted.

Truly stable countries don't have coups at all. A coup of any kind is a sign of instability.

> Truly stable countries don’t have coups at all. A failed coup attempt is not a coup.

Truly stable countries don’t have attempted coups at all, then, if you really insist on being pedantic.

Re: Britain Is a Developing Country

#229

Earlier quoted context omitted.

> Truly stable countries don’t have coups at all. A failed coup attempt is not a coup.

Truly stable countries don’t have attempted coups at all, then, if you really insist on being pedantic.

Now that you clarify it, I just disagree with your asserted definition.

Re: Britain Is a Developing Country

#230
post #161

Britain isn’t a developing country, it’s a regressing one. Public services and government that used to work well now don’t, and opportunities that everyday folk used to have they now don’t. It’s still a nice place if you’re in a good career, but the long term prospects don’t look good.

UK has the highest real GDP growth among its European peers since 2010.

Based on world bank data and taking into account PPP[1], UK real gdp rose 14% from 2010 to 2021. Belgium, Germany, Netherlands were up 15%. Norway 18%, Switzerland 19%, Denmark 20%, Sweden 25%. The UK was close to the EU average.

Results are similar if you ignore PPP. [2]

I’m not really sure where your numbers came from but I assume the ranking is a bit sensitive to the time boundaries (ie recovery from gfc and pandemic) so I don’t know how relevant it would be even if I had found the same results as you.

I found the uk looks a bit better for growth from 2010 to 2019, which ignores some pandemic recovery failures mentioned in the OP and Germany’s larger 2009-2010 growth.

[1] https://ourworldindata.org/grapher/national-gdp-wb?tab=chart...

[2] https://ourworldindata.org/grapher/national-gdp-constant-usd...

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