tag:blogger.com,1999:blog-3122585320968190891.post7110219775750437615..comments2023-07-24T14:37:37.094+02:00Comments on ShiftingWealth: Ways Round the Middle Income TrapReibReisenhttp://www.blogger.com/profile/15620310558868742236noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-3122585320968190891.post-68283870726439449272011-11-17T23:37:21.315+01:002011-11-17T23:37:21.315+01:00I find striking that more than half of those count...I find striking that more than half of those countries (9) actually belong to the European Union, 6 of them to the Eurozone. Another observation: 4 of these 6 eurozone countries are now in a deep debt-related crisis. One key question is to what extent the adoption of the common currency, coupled with massive public aid from the UE, did not artificially inflate these countries, leading them to the point of economical and political collapse. <br />Second unrelated observation: most of these countries are 'small countries', whereas by population or territorial size. Spain and Korea are the only countries that cannot be qualified to be 'small' in any respect. <br />Then: is small beautiful? This may raise some caution with respect to official predictions when they concern such a massive country as China proper. Gilles.Gilleshttps://www.blogger.com/profile/06370577924520281473noreply@blogger.com