The EU can be proud of its development model, and the Trumpists (and European conservatives that echo them) should keep it down a bit
The EU can be proud of its development model, and the Trumpists (and European conservatives that echo them) should keep it down a bit
Because neither ILO, OECD, WIL, etc. subtract the depreciation of natural capital
The US produces $81 of gross output per hour, but at a particularly high cost for the planet
The EU27 produces $71 of gross output per hour, but with dramatically less carbon emissions
Because neither ILO, OECD, WIL, etc. subtract the depreciation of natural capital
The US produces $81 of gross output per hour, but at a particularly high cost for the planet
The EU27 produces $71 of gross output per hour, but with dramatically less carbon emissions
The key fact is that productivity in this core EU is essentially the same as in the US:
€60 per hour (corrected for price differences) using the most recent WID.world data
prod.wid.world/www-site/upl...
The key fact is that productivity in this core EU is essentially the same as in the US:
€60 per hour (corrected for price differences) using the most recent WID.world data
prod.wid.world/www-site/upl...