rodrigoglozano on Nostr: Well, I’d be wary of industrial production as a proxy of economic success. For ...
Well, I’d be wary of industrial production as a proxy of economic success. For example, Global South countries are fed up of just being massive factories and crave what the US has aplenty: research and development, marketing services, etc. They want to move up in global value chains, but it’s tough. Of course, there’s a social aspect to maintaining a certain degree of industrialization, namely keeping employment at politically acceptable levels, but the developed world should be careful about not mistaking the forest for the trees, IMO. Anyway, my humble 2 cents (or sats?).
Published at
2023-03-04 03:39:11Event JSON
{
"id": "a8ea3ae6b20e2e754ec8ec8a24aa6c2e7b723d134662c636b62d39c98c15c139",
"pubkey": "10b71db80b6d99510c2ef2a960a630e9e14b27b004cbc7ece853601d0386fe85",
"created_at": 1677901151,
"kind": 1,
"tags": [
[
"e",
"da191d0f9dbc4234173875aedfbaccb1cb0ed2d58ca0e5dabe00d39190ed6a23"
],
[
"p",
"eab0e756d32b80bcd464f3d844b8040303075a13eabc3599a762c9ac7ab91f4f"
]
],
"content": "Well, I’d be wary of industrial production as a proxy of economic success. For example, Global South countries are fed up of just being massive factories and crave what the US has aplenty: research and development, marketing services, etc. They want to move up in global value chains, but it’s tough. Of course, there’s a social aspect to maintaining a certain degree of industrialization, namely keeping employment at politically acceptable levels, but the developed world should be careful about not mistaking the forest for the trees, IMO. Anyway, my humble 2 cents (or sats?).",
"sig": "bfe716219921f4ab1f4a39c54081d2ae677770b3a807b1ef95deac94b86fec1ad8d9929327733d237656d21d01f98df9d420bdc1c29439119257b9cbebd6b34d"
}