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by jnordwick
2330 days ago
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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. |
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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-...