▲ | simonh 4 days ago | ||||||||||||||||
Only because their population is so huge. Their Dollar GDP is about 2/3 that of the USA and is 4.5x that of Japan. In a sense it’s set of highly developed urban industrial zones that also has a massive underdeveloped rural area. | |||||||||||||||||
▲ | freefrog334433 4 days ago | parent | next [-] | ||||||||||||||||
GDP PPP is being used to compare countries productivity more often now. Australia has high GDP but low productivity as most is sunk into expensive, unproductive real estate. Every country has their rust belts and undeveloped rural areas. | |||||||||||||||||
▲ | smsm42 4 days ago | parent | prev [-] | ||||||||||||||||
And that's why it is called "developing" - because some parts are developed but some are massively underdeveloped. | |||||||||||||||||
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