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Matt Ball's avatar

Could you add in Australia and New Zealand as English-speaking countries? I'm very curious. Thanks!

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1dEdited

Your GDP figure measures GDP in USD terms, so is mixing changes in exchange rates with actual growth. It overstates the gaps, particularly vs. Russia. These countries (Russia includes) have similar or higher GDP per capita now to most Southern European countries (other than Italy)

And in terms of growth, Russia and the other Eastern block countries grew this period much faster than the UK, for example (not surprising, as they started out a lot poorer, and still haven’t quite caught up)

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