<html>
<head>
<meta http-equiv="Content-Type" content="text/html; charset=utf-8">
</head>
<body style="word-wrap: break-word; -webkit-nbsp-mode: space; line-break: after-white-space;" class="">
All terribly imprecise, hence ambiguous and not worth serious consideration. <br class="">
<div><br class="">
<blockquote type="cite" class="">
<div class="">On Jul 19, 2018, at 12:48 AM, David Green via Peace-discuss <<a href="mailto:peace-discuss@lists.chambana.net" class="">peace-discuss@lists.chambana.net</a>> wrote:</div>
<br class="Apple-interchange-newline">
<div class="">
<div dir="ltr" class="">"When a poor country is <em class="">very</em> poor, with a per capita income less than 25% the rich country level, it stands in a “zone of mutual gain” vis-a-vis the rich country: both countries benefit from the poor country’s progress.
But when the poor country’s income lies between 25% and 75% of the rich country’s, the two countries stand in a “zone of conflict,” in which the progress of the poor country reduces the rich country’s income. Then, once the formerly poor country’s relative
income exceeds 75%, the two nations re-enter a “zone of mutual gain,” in which the progress of one benefits the other.
<div class="gmail-po__container">
<div class="gmail-prt-y gmail-po__main">
<div class="gmail-po-cn gmail-po-wc gmail-wp">
<p class="">And where does that leave China today? According to the World Bank, in 2016 China’s purchasing-power-adjusted per capita income stood at exactly 26.7 percent of the US level.</p>
<p class="">It’s almost spooky.</p>
<p class="">That, perhaps, is why, in Foroohar’s words, “there is a growing group of thoughtful people who believe that American national security interests will require a forcible untangling of the investment and supply chain links between the US and China.”</p>
<p class="">Which means we’ve definitely entered the zone of conflict."</p>
<p class=""><a href="https://www.jacobinmag.com/2018/07/trump-trade-war-china" class="">https://www.jacobinmag.com/2018/07/trump-trade-war-china</a><br class="">
</p>
<p class=""><br class="">
</p>
</div>
</div>
</div>
</div>
_______________________________________________<br class="">
Peace-discuss mailing list<br class="">
<a href="mailto:Peace-discuss@lists.chambana.net" class="">Peace-discuss@lists.chambana.net</a><br class="">
https://lists.chambana.net/mailman/listinfo/peace-discuss<br class="">
</div>
</blockquote>
</div>
<br class="">
</body>
</html>