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by Alex3917 3457 days ago
> It doesn't really work for a country to get rich without climbing it

Bali went straight from having an agrarian economy to a service-based economy without ever going through an industrial period. It can happen given the right conditions, but it isn't common.

2 comments

Is a small touristy island comparable to a country like China?
Did it really? Is Bali's GDP per capita comparable to that of United States or Germany?