Everything you always wanted to know about the economy* (*but were afraid to ask)
Panaceas are rare in nation building. But it's astonishing how many things an 8% growth rate can achieve
1. Reduced unemployment
2. Reduced social upheaval
3. Increased soft power (esp. bargaining power)
4. Increased funds for social security
5. Increased hard power (by virtue of bigger budget)
It's maddening that governments don't see this! Or is the fear of losing control that impedes free market reforms!?
Strong government, weak opposition and an economic recession: there has never been a better recipe for disaster!
Panaceas are rare in nation building. But it's astonishing how many things an 8% growth rate can achieve
1. Reduced unemployment
2. Reduced social upheaval
3. Increased soft power (esp. bargaining power)
4. Increased funds for social security
5. Increased hard power (by virtue of bigger budget)
It's maddening that governments don't see this! Or is the fear of losing control that impedes free market reforms!?
Strong government, weak opposition and an economic recession: there has never been a better recipe for disaster!