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by jnordwick 2330 days ago
I've never heard of anybody using exports as development metric. It's usually just a sign of developing country with cheap labor.

> wage stagnation that set in in the 2000s.

And imagine that. Seems to fit the low wage story pretty well.

1 comments

When speaking about "competitiveness", what measures aside from current account balance and share of global exports is better suited?

Not to be snarky, but you can't do any reading in economics about competitiveness and not encounter the current account balance (which is exports - imports): https://www.economicshelp.org/blog/6701/trade/importance-of-...