EU membership enjoys strong approval in new member states largely thanks to the economic firepower they have gained. Euronews Business takes a closer look at the GDP growth story in the new accession states since the bloc’s historic enlargement in 2004.
Can you elaborate?
Well historically the industrial revolution began in GB and then the rest of the “west” as we know it today. All under existing structures of old wealth such as monarchies and nobility, eventually giving birth to capitalism.
The countries mentioned above were going through that same process only some decades later.
China is a great example because they are so thorough and totalitarian in their societal progression, they essentially forced through all this change in just a few decades and there is a lot of statistical information available that you could have a look at illustrating the process of an emerging middle class and their ultra rich class along their economical development.
Where are these statistics about China?