Re:Europe is now a corporate also-ran. Can it recover its fo...
by hourislate on Saturday June 12, 2021 @12:05PM
(#27485365)
I think you missed the part about Eastern Europe. From the article:
European GDP per head is about two-thirds that of America. The figure has not fallen in the past 20 years thanks mostly to poorer eastern Europeans getting closer to Western income levels.
Would suggest that as the faster GDP Growth came from Eastern European areas offsetting a stagnating GDP Growth from the rest of Europe. Am I not reading this correctly?
European GDP per head is about two-thirds that of America. The figure has not fallen in the past 20 years thanks mostly to poorer eastern Europeans getting closer to Western income levels.
Would suggest that as the faster GDP Growth came from Eastern European areas offsetting a stagnating GDP Growth from the rest of Europe. Am I not reading this correctly?