On Fri, Nov 01, 2002 at 01:35:47AM -0500, Kevin Tarr wrote: > In 97-98 this may have been true about Russia, but isn't Russia much better > now? The hostage debacle isn't a good example, but I think recently Russia > is starting to work. It hasn't failed. > > In the meantime, China has stayed the same, or at least not improved.
I think it was mostly referring to the economy, wasn't it? It would be hard to measure and compare standard of living between Russia and China, I guess. Anyway, China's GDP is groing at about 7.8% now, and is projected to grow at 7.4% next year, according to the Economist. Russia's GDP is growing at 4.0% now, and projected to grow at 4.2% next year. So, they both look to be doing okay (China's GDP numbers are probably less reliable than Russia's). But a large part of China's GDP is manufacturing, whereas Russia is exporting a lot of oil. I'd say the manufacturing is a better long-term way to improve an economy. But time will tell. -- "Erik Reuter" <[EMAIL PROTECTED]> http://www.erikreuter.net/ _______________________________________________ http://www.mccmedia.com/mailman/listinfo/brin-l
