the first world might have a new member

[hayran]

Dominican Republic's Income Convergence Signals Path to Advanced Economy Status in Coming Decades

The country leads Latin America in rapidly narrowing the income gap with the United States.

www.imf.org

The country leads Latin America in rapidly narrowing the income gap with the United States


Despite being one of Latin America’s poorest countries in the mid-1960s, the Dominican Republic has made remarkable progress in terms of income convergence.


Income convergence is typically measured by comparing the per capita income of a country to that of a more prosperous nation, often the United States. For the Dominican Republic, this ratio reached 32 percent in 2022, indicating that the country’s standard of living is approximately one-third that of the United States. This stands in contrast to Latin America as a whole, where the average standard of living is around one-quarter that of the United States.


With the right policies, the country has the potential to become an advanced economy in the next 40 years.

 

[Internet Nomad]

They should keep low key as possible.

Don’t ever make any bold moves until you have nukes.

 

[hayran]

They should keep low key as possible.

Don’t ever make any bold moves until you have nukes.

why would they ever need nukes? who would they use it on? uncle sam is right next door

 

[Internet Nomad]

why would they ever need nukes? who would they use it on? uncle sam is right next door

Uncle Sam has been wrecking majority is South America for many decades.

DR should either become an ally of US or remain lowkey as possible.

If they ever want to stop being lowkey they should first try and obtain nukes.

That is the only way to gain sovereignty in this modern era.

 

[hayran]

DR should either become an ally of US or remain lowkey as possible.

they already do both, theyre too small to not be lowkey

 

[JustSomeGuy]

They should keep low key as possible.

Don’t ever make any bold moves until you have nukes.

Eh Singapore keeps it lowkey, never heard any bad news coming from that country

 

[Internet Nomad]

Eh Singapore keeps it lowkey, never heard any bad news coming from that country

Exactly but they are china’s playground

 

[JustSomeGuy]

Exactly but they are china’s playground

Is that true? Idk anything about that country, they probably have no choice

 

[Internet Nomad]

Is that true? Idk anything about that country

The entire S.E.A is pretty much china playground there are few hotspots of American influence like Taiwan

 

[hinters]

Is it doing better than Argentina and Chile?