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rortian comments on The Craigslist Revolution: a real-world application of torture vs. dust specks OR How I learned to stop worrying and create one billion dollars out of nothing - Less Wrong
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Comments (219)
This is really strange then:
http://www.wolframalpha.com/input/?i=per+capita+gdp+of+russia%2Fper+capita+gdp+of+china
Russia had a head start - and has oil wealth. For comparison, Saudi Arabia's GDP per capita is on the order of $17,000. 45% of its entire GDP is its nationalized oil industry; private industry is only 40%.
It's true. However I think people get a little caught up in the China is growing story. Russia is a dying country in a lot of ways. However, both are heavily controlled by corrupt leaders.
EDIT:was->ways
That is not clearly relevant, since the graph was not about Russia being richer, but growing faster. That the USSR numbers were higher might be relevant, if it makes it easier to return to them.
Russia has a similar amount of oil exports to Saudi Arabia, spread over five times the population, but has similar GDP per capita. Simply going from 0 to its current oil doesn't account for the change over the past decade. If you throw in gas, aluminum and steel, it might be a big piece of the change, though.
Oops, I only noticed the number, not the graph.