BULGARIA ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ๐ช๐ฟ
Posted by MIkaela39752@reddit | AskBalkans | View on Reddit | 44 comments
Posted by MIkaela39752@reddit | AskBalkans | View on Reddit | 44 comments
Radusili@reddit
So the new first world list includes our neighbor to the south but not us. Figures
Confident-Evening-49@reddit
Are you ok, IMF?
Hot_Speech900@reddit
So China produces half of the world's products, is what?
Fair_Internet_5839@reddit
China has too many people and is unevenly developed, incomes are on Albania level. China is 1.4 billion people, do not forget.
Hot_Speech900@reddit
Per capita income is one metric, not the entire economy. Chinaโs population size drags the average down, for sure, but that still does not make China == Albania a serious take.
Fair_Internet_5839@reddit
China's Central government has far stricter demands from local governments than Albania, and is a Confucian society, where "mianzi" (face) is paramount. It is very important that things and people look successful. Albania and the rest of the Balkans have a Balkan mindset. Current generations suffered a lot during the 90s, and showing success used to always invite unnecessary attention, which is why people in the balkans even if successful, would not show it in order not to jinx it.
China has invested more percentage wise from it's economy into infrastructure, which is what leads you to think that it's advanced, has incredibly educated and competitive younger people due to the education cult in the country, and has DEVELOPED level first and second tier cities, with diversified economies. They are even better than major city in developed countries, since they don't suffer the consequences of radical leftist policies and have almost no petty crimes and are very clean (due to low salaries for countryside labour force).
China will continue to so well and look good for the next 15 years, after that we will see what happens. Fertility rates are far worse than Bulgaria, Albania and the rest of Europe. New generations are getting smaller and smaller and the population is declining. China is too big to count on labour import andtahtย is socially unacceptable anyways, so China's future depends on the robotics industry and AI. If they make a breakthrough, they can keep things as they are. If they don't, infrastructure will start getting neglected and will get harder and harder to find hardworking people from the countryside, ready to work for pennies.
iongion@reddit
But China did very good, whatever way, they did progress, they raised, look at it in the 90s, transformation is of monumental proportions. China will deal with fertility rates just like Europe does, bringing immigrants, by the moment those problems will start to emerge, population would hopefully rejuvenate itself, hopefully it will not need too much time to accept biological realities and be logical about them.
Fair_Internet_5839@reddit
China did amazing, no doubt. The fertility rate issue is a bit more nuanced. China is way too big, the world is not big enough and it doesn't have enough poor people to attract to China. And immigration wouldn't work, since the Chinese are very anti immigration to begin with. Fertility rates are a global problem in all industrialized countries, with the exceptions of very religious societies, such as Saudi Arabia and Israel. This problem will probably fix itself after a major cataclysm, which forces human behaviour to change.
iongion@reddit
Europeans were/still are anti-immigrants, until they are useful, then they aren't anymore. China must be thought as EU, not by comparing Germany vs China. They have their own Germany, not all regions will adapt and develop homogenously, it is a massive territory, but this doesn't block progress, in the next 30-40 years, China's progress wont stop, by that time society will have time to adapt to new realities.
Fair_Internet_5839@reddit
Very good point, coastal cities in china are actually far more liberal than many EU countries. The reason for anti-immigration attitude are radical leftist policies, in my opinion. Shall they take a more balanced approach, this can improve.
NoDoughnut8225@reddit
well duh, in big shade of bulgaria of course
kakafob@reddit
Bulgarya is advanced in what exactly?
maximhar@reddit
Pickle production
Mysterious-Put1459@reddit
Bulgaria over Poland, that is mad
SOHONEYSAME@reddit
is it?
accumulated wealth:
(https://www.euronews.com/business/2026/02/23/europes-wealth-divide-mapped-where-are-adults-richest-and-poorest).
Bulgaria: 25,000
Poland: 22,000
(Poland is overrated on Reddit, which is y millions r actually abroad, lol).
maximhar@reddit
Itโs because of the Euro. Poland is definitely wealthier than Bulgaria, but the difference isnโt as big as the Poles on Reddit like to make you think.
Mysterious-Put1459@reddit
Accumulated wealth is not particularly useful for determining the development of the economy. It is just an asset counter. This is why Germany and Austria are lower than Portugal and Slovenia. The reason is mentioned in the article - the biggest share of the wealth comes from owning your own private property, thus renting pushes the number down. Only assets matter. I reckon Germans are able to afford more things than the Portuguese and Slovenians which don't get counted as assets like food, private healthcare, private education, and experiences such as travelling abroad, instead of inheriting a 60 year old apartment with no AC in Lisbon from their late grandmother and still being poor. The reason for Bulgaria being above Poland is not as obvious as this one but you get the point. If I had to guess it would be the urbanisation with Poland being at 59.7% while Bulgaria is at 77%. Properties in cities are more expensive than countryside thus the median gets pushed up. Also Poland is definitely not overrated, I was there 2 years ago and Warsaw was mind-blowingly developed compared to anything I've seen outside Western Europe
iongion@reddit
You guys do many things right, congrats and keep-it up! We pull each-other up, just like the western countries, the progress of one is in the benefit of all others!
Feisty_Fisherman27@reddit
And you haven't seen anything, I'm telling you as a Romanian, we are in a really bad situation with no way out because STUPIDITY was born here.
iongion@reddit
That is correct!
SoulEkko@reddit
EastIvan@reddit
Bulgaria and Greece right now
VisibleReport5008@reddit
bulgaria more advanced than china confirmed
Fair_Internet_5839@reddit
China GDP per Capita 14,000$, lower HDI, purchasing power, etc. Its a huge country, 1.4 bil people living there.
VisibleReport5008@reddit
fair enough still biased for me though for china at least
Fair_Internet_5839@reddit
No, Chinanis not the biased part, low salaries, expensive housing. You can say that the imf is biased against Poland and Romania for example, since the only reason they are not in the list is because their currencies are not counted as stable enough.ย
VisibleReport5008@reddit
looking at the report, china doesnt even count as a major economy. Seems a bit biased for me.
Fair_Internet_5839@reddit
Wrong, china is shown and named at every global imf document relating to world economy. It is by far the most important emerging/developingย economy, almost equal to the rest of the developing world combined (exaggerating a bit). China is structurally-defying for the world economy, it just is not developed as a whole. Thing of china as 34 countries and 4 microstates. Amongstย those, there will be a couple of almost advanced level provinces, on the same level as south Korea, and a couple of advanced level cities, on the level of Italy. Yet, 60% of the country will be poorer than Moldova.
VisibleReport5008@reddit
makes sense. Kinda depended on imf's criteria i guess
lovinGamin@reddit
It doesnโt say major not advanced, yet again I donโt see how a country with no factories has a place in there
SOHONEYSAME@reddit
"more advanced" compared to Turkey, for sure.
however, Russia "wrong" ofc.
Sweet_Bridge_3001@reddit
What?
blewpblewps@reddit
Well well wellโฆ how the turntables
ExoticAd7546@reddit
Don't worry about it it is all fake. Bulgaria joined the EU, Nato and the eurozone just because it is on the black sea.
Stverghame@reddit
No offense to Bulgaria, great progress.
BUT, this list is way too biased for a certain block of countries
Fair_Internet_5839@reddit
Bias against Poland, Hungary and Romania, since the only reason they are not counted as advanced is because of their currency, which is not stable enough for the monetary fund. Everything else is explainable, either low income or lack of diversity in the economy.
SOHONEYSAME@reddit
Chech Republic is included.
Fair_Internet_5839@reddit
Yes, it was the first Central & Eastern European country to be added in 2009. But unlike Romania and Poland, the Czech currency is not manipulated as much and is more diversified. Nevertheless, modern day Poland and Romania both have diversified economies, with fairly advanced tertiary sectors. The only thing they lack is more stable currency. This is even more true for Hungary, which has even higher inflation than the two above.
kurwalover@reddit
imf? blud thinks they are still in game
ViscountBuggus@reddit
Slovakia in there but not Poland?
Satyriasis457@reddit
Poland lives off EU gibs. Every corner has a sign stating funded by EU (German) moniesย
xxbronxx@reddit
Whaaaat?! Is this real or fake news... Suspicious!!
Feisty_Fisherman27@reddit
Now I think it's time for our idiot leaders to go and take lessons from the Bulgarians about how they had income in 2002 or 2004, for example.
P-l-Staker@reddit
GREECE ๐๐๐๐๐๐๐