And yet, they still blame the EU for a lot of things. All the good things are taken for granted, and the rest is to blame the EU (this is also the fact in Western Europe)
Zash1 on
Joining the EU is the best thing right next to joining NATO.
boaeatinganelephant on
Romanians have sneakily taken South Dobruja. They have violated the Treaty of Craiova and should give Bulgaria reparations in the form of mamaliga.
Rssaur on
It’s called free handouts via EU.
iVar4sale on
I don’t know what’s more wild: the fact that we were on the same level in 2012 as Estonia was in 2003… or the fact that we overtook them somehow
kvjetinacek on
This show nothing lol. Europeans and their understanding of GDP is amusing. Try to make it relate to literally anything and we can discuss.
Knjaz136 on
Ehm.
I mean, EU definitely wasnt a bad thing for them due to all the financial support they got (well, we, I’m from one of those countries) , but attributing all the growth that happened during **20 years** to EU?
Show us Turkey for the same timespan of 20 years, for example. As an example of what a country that wasnt ruled by the wisest leadership could achieve in same time.
EdliA on
Not all the growth is because of EU. They were bound to grow the moment they left behind communism.
CameraSea7755 on
It would be better to also include countries that are not part of EU.
Those countries shown in the graphic increased GDP significantly, but we don’t know that it’s got something to do with joining the EU if you don’t include the other countries
catal1s on
Ok now compare to ex soviet block countries that didnt join the EU, youd surprised quite a few grew at similar rates – Georgia, Kazkstan, Azerbaijan, etc. hell, even Serbia who was sanctioned and bombed to hell isnt doing that badly.
halls_of_valhalla on
A prosperous Ukraine in EU would have been a threat to Russian kleptocracy. Having Ukrainians as neighbor being more wealthy than poor Russians around them, unthinkable. Ironically Putin only sped up that scenario now, by throwing Russian money into the furnace of war instead of spending on their infrastructure and people. Maybe Ukraine will take time to recover, but all the other countries around them will outpace them. Chinese businessman buying Russian women will just be the start 🙂
35 years ago US leaders were happy that such a regime collapsed, supported independence of these countries as well as an open and fair market. Comparing Bush speech on Christmas on what their values are, compared to how Trump envisions it today – very different approach.
US is all about deterring China now.
StarLight_J on
Okay? But shit is so much more expensive than it was back then that you can’t afford anything without putting yourself in debt.
reptiliusArc on
Good job, all! (Clapping)
Albreht_Girke on
In the third image, there’s an incorrect method used to calculate average economic growth.
Using Poland’s data as an example, the chart appears to compute (55 – 20) / 20 / 22, which arrives at 8%(like at the picture). The correct way to calculate the average annual (compound) growth rate is (55 / 20)^(1/22) – 1 ≈ 4.7%.
I haven’t verified the other countries‘ figures, but this type of error seems likely to affect them as well.
This is a common mistake when calculating average economic growth rates: people often divide the total percentage increase by the number of years, which gives a simple average rather than the proper compound annual growth rate (CAGR).
I have no interest in downplaying the impressive economic progress of Poland and other Central and Eastern European countries—it truly is remarkable development. But let’s ensure the calculations are accurate
Common_Tomatillo8516 on
I am not sure such data make sense. It would be better to compare the yearly increase of GDP per year before and after….and that’s it. The value of GDP is probably affected by inflation….I suppose.
SaintBobby_Barbarian on
Lithuania is higher than Estonia? Colour me shocked
Showmethepathplease on
this is why Ukraine joining the EU is a threat to Russia…
0932kvf on
Now correlate with CPI (corruption perception index) and draw your conclusions, what stops development.
21 Kommentare
Don’t show this to the USSR sub
And yet, they still blame the EU for a lot of things. All the good things are taken for granted, and the rest is to blame the EU (this is also the fact in Western Europe)
Joining the EU is the best thing right next to joining NATO.
Romanians have sneakily taken South Dobruja. They have violated the Treaty of Craiova and should give Bulgaria reparations in the form of mamaliga.
It’s called free handouts via EU.
I don’t know what’s more wild: the fact that we were on the same level in 2012 as Estonia was in 2003… or the fact that we overtook them somehow
This show nothing lol. Europeans and their understanding of GDP is amusing. Try to make it relate to literally anything and we can discuss.
Ehm.
I mean, EU definitely wasnt a bad thing for them due to all the financial support they got (well, we, I’m from one of those countries) , but attributing all the growth that happened during **20 years** to EU?
Show us Turkey for the same timespan of 20 years, for example. As an example of what a country that wasnt ruled by the wisest leadership could achieve in same time.
Not all the growth is because of EU. They were bound to grow the moment they left behind communism.
It would be better to also include countries that are not part of EU.
Those countries shown in the graphic increased GDP significantly, but we don’t know that it’s got something to do with joining the EU if you don’t include the other countries
Ok now compare to ex soviet block countries that didnt join the EU, youd surprised quite a few grew at similar rates – Georgia, Kazkstan, Azerbaijan, etc. hell, even Serbia who was sanctioned and bombed to hell isnt doing that badly.
A prosperous Ukraine in EU would have been a threat to Russian kleptocracy. Having Ukrainians as neighbor being more wealthy than poor Russians around them, unthinkable. Ironically Putin only sped up that scenario now, by throwing Russian money into the furnace of war instead of spending on their infrastructure and people. Maybe Ukraine will take time to recover, but all the other countries around them will outpace them. Chinese businessman buying Russian women will just be the start 🙂
35 years ago US leaders were happy that such a regime collapsed, supported independence of these countries as well as an open and fair market. Comparing Bush speech on Christmas on what their values are, compared to how Trump envisions it today – very different approach.
US is all about deterring China now.
Okay? But shit is so much more expensive than it was back then that you can’t afford anything without putting yourself in debt.
Good job, all! (Clapping)
In the third image, there’s an incorrect method used to calculate average economic growth.
Using Poland’s data as an example, the chart appears to compute (55 – 20) / 20 / 22, which arrives at 8%(like at the picture). The correct way to calculate the average annual (compound) growth rate is (55 / 20)^(1/22) – 1 ≈ 4.7%.
I haven’t verified the other countries‘ figures, but this type of error seems likely to affect them as well.
This is a common mistake when calculating average economic growth rates: people often divide the total percentage increase by the number of years, which gives a simple average rather than the proper compound annual growth rate (CAGR).
I have no interest in downplaying the impressive economic progress of Poland and other Central and Eastern European countries—it truly is remarkable development. But let’s ensure the calculations are accurate
I am not sure such data make sense. It would be better to compare the yearly increase of GDP per year before and after….and that’s it. The value of GDP is probably affected by inflation….I suppose.
Lithuania is higher than Estonia? Colour me shocked
this is why Ukraine joining the EU is a threat to Russia…
Now correlate with CPI (corruption perception index) and draw your conclusions, what stops development.
https://ourworldindata.org/grapher/ti-corruption-perception-index
Yeah, but is it worth that much economic growth to be forced to watch EuroVision?
GDP is not the great measurement you think it is.