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Wazalootu t1_j5p5r12 wrote

Not really possible while India and China cling onto their benefits from being classed as Developing Nations. Both these countries are world powers and developed countries are going to be reluctant to increase their advantage further by penalising their own heavy industries whilst giving a pass to theirs.


der_titan t1_j5petfb wrote

China's GDP per capita is $12.5K / year and places it in between Panama and Costa Rica; India is $2.3K / year and is in between Congo and Mauritania.

How are they not developing nations?

The primary reason why the West so heavily outsources work and industry to India and China is to take advantage of how cheap the labor is to developed nations.


Lower_Adhesiveness25 t1_j5q7a0s wrote

so if your population booms and lowers your gdp per pop ratio you are a developing nation? ridiculous. they have nuclear arms and massive international sway - they are hardly developing nations.


der_titan t1_j5qiypf wrote

Exactly. If my partner and I make $200K / year, we can live comfortably in most places in the US. If we have eight children to support on that $200K / year, we would struggle: the rent increase alone would be ruinous, not to mention food, clothing, and medical costs.

For the US to have GDP per capita similar to China, the US population would have to swell to more than 1.5B people - five times its current population.


ghostofpostapocalive t1_j5qtjs1 wrote

China has the world's largest Navy and Army, China is a Nuclear power. China has the 2nd most billionaires. If they want to be seen as a "Developing Nation" maybe they should spend less developing the Military and their Elite class.


der_titan t1_j5qwzty wrote

North Korea has a larger military than China. North Korea is a nuclear power. Where do you rank them?


ghostofpostapocalive t1_j5qy1rj wrote

Where are you getting that NK has a larger military than China? Per Capita?


der_titan t1_j5r11lv wrote

International Institute for Strategic Studies, as shown on Wikipedia, including paramilitary personnel like the Worker-Peasant Red Guards.

Is China more developed than Switzerland? Japan? Norway? Is North Korea more developed than South Korea?

Military size or nuclear weapons aren't the standard for a developed vs developing country for a reason.


ghostofpostapocalive t1_j5r8jnf wrote

Hahaha, ok, when you add in a huge chunk of NK's population as "Paramilitary" sure. Not realistic. My comment was tongue and cheek. It's funny how such a developing Nation can have so many billionaires.


autotldr t1_j5p5yzp wrote

This is the best tl;dr I could make, original reduced by 80%. (I'm a bot)

> Adopting a global carbon pricing scheme could help countries streamline supply chains and mitigate concerns about competition, according to the head of the World Trade Organization.

> As a result, the WTO has begun working with the World Bank, the Organization for Economic Co-operation and Development and the International Monetary Fund to streamline carbon pricing, Okonjo-Iweala confirmed.

> In addition to expressing her support for shared global carbon pricing framework, Okonjo-Iweala also called for the elimination of "Skewed" import tariffs that plague national borders today.

Extended Summary | FAQ | Feedback | Top keywords: Okonjo-Iweala^#1 carbon^#2 Trade^#3 global^#4 countries^#5