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Comment by logicchains

>It's not just most-improved, it's actually the best economic system in large countries (thus more easily corrupt) that were not benefactors of classical imperialism if all you care about is development. This is simply an incontrovertible fact - India, Nigeria, Congo, etc... were in similar initial conditions and fared much worse economically.

Compared to countries with a similar culture/demographics: Hong Kong, Korea, Singaporem Japan and Taiwan, mainland China's growth has been way slower.

>It's also set on escaping the middle income trap in 2-5 years as GDP per capita goes above 12500$, which is something that most liberal capitalist economies cannot achieve.

This is still only around a fourth of the GDP per capita in the other East Asian countries.

parent logicchains 5 years ago

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