Best way to gauge economic potential

[GemState]

The best way of comparing a developing nations prospects is to compare the level of infant mortality + median age + fertility and see if it matches historical patterns seen in Germany/US/Japan.

It gives an indication as to which countries are on track for convergence&vice-versa

For example, Vietnam has an Infant Mortality rate of 15, a median age of 31 and a TFR of about 2.

The IMR is on par with Germany 1977. Germany 1977 had a median age of 35 and 1.4 TFR, fair to say VN is on track for convergence.

We can do the same for Somalia and Africa too to estimate which regions have the most potential, and what they do right.

 

[marrem]

What regions in Africa seem to have the highest potential in your opinion if we don’t include the obvious Botswana, Nigeria, Ghana,

 

[Basra]

The best way of comparing a developing nations prospects is to compare the level of infant mortality + median age + fertility and see if it matches historical patterns seen in Germany/US/Japan.

It gives an indication as to which countries are on track for convergence&vice-versa

For example, Vietnam has an Infant Mortality rate of 15, a median age of 31 and a TFR of about 2.

The IMR is on par with Germany 1977. Germany 1977 had a median age of 35 and 1.4 TFR, fair to say VN is on track for convergence.

We can do the same for Somalia and Africa too to estimate which regions have the most potential, and what they do right.

I just did a google search for Germany median age: Scary

44.7 that is OLD



USA is 38 which is slightly better maybe because USA has a high number of immigration


UK is 40


Japan is screwed-- 49. 5 which is 50 lol

China is 38 just like USA




South Africa is 27.1 but useless as it is Africa. No jobs for young people

 

[rep]

The best way to gauge economic potential is by examining the levels of education and IQ, as well as natural resources or natural advantages. High fertility does nothing if most of them have a low IQ and are low-skilled.

 

[Basra]

For me it is about Job Jobs Jobs. Africa does not count. In the West- the rate of low unemployment means good!

 

[Prime Minister]

For me it is about Job Jobs Jobs. Africa does not count. In the West- the rate of low unemployment means good!

Jobs are important but what about productivity and complexity of the economy. Somalia can have jobs for everyone but it may be only for the agricultural sector.

 

[Basra]

Jobs are important but what about productivity and complexity of the economy. Somalia can have jobs for everyone but it may be only for the agricultural sector.

Well Somalia needs to have jobs of all sectors. Manufacturing, Agriculture, Small businesses etc etc