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.
Britain Is a Developing Country
221–230 of 238 posts
Re: Britain Is a Developing Country
#222Earlier 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.
Re: Britain Is a Developing Country
#223Earlier 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?
Re: Britain Is a Developing Country
#224Earlier 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…
Re: Britain Is a Developing Country
#225Re: Britain Is a Developing Country
#226Earlier 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.
A failed coup attempt is not a coup.
Re: Britain Is a Developing Country
#227Earlier 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.
Re: Britain Is a Developing Country
#228Re: Britain Is a Developing Country
#229Earlier 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.
Re: Britain Is a Developing Country
#230Britain 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.
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...