HomeFirst topic message reminder :
And of course it is in Arabic... Need a translator for me.
And of course it is in Arabic... Need a translator for me.
+5
Proven
noced71
dizzydee
Rocky
weslin3
9 posters
http://www.alsabaah.iq/ArticleShow.aspx?ID=148356
weslin3- Interacting Investor
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Join date : 2012-12-19
ron-man- All In Investor
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Join date : 2013-01-19
Thanks gang.
fonz1951- Interacting Investor
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Join date : 2012-12-19
- Post n°12
Re: http://www.alsabaah.iq/ArticleShow.aspx?ID=148356
by fonz1951 Fri 01 Dec 2017, 7:52 pm
hmmm. i read an article a few weeks ago that said iraq was the richest country in the world. i don't remember where i read it, on here or another site. if that article was true and i highly suspect that it is true, it makes me wonder if the value may be more than any of us thought. i wouldn't be surprised if it did, just wish it would do something. meanwhile, i guess i'll waitnoced71 wrote:Yes, it is a real thing:weslin3 wrote:Have any of you heard of this (Balassa-Samuelson effect hypothesis)? Had someone to bring this to my attention on the dinar. Never have even seen it mentioned or heard of this before. If this shouldn't be here feel free to delete it. Just putting this out here with the obvious talk of RV from Iraq.
[You must be registered and logged in to see this link.]DEFINITION of 'Balassa-Samuelson Effect'
Countries with high productivity growth also experience high wage growth, which leads to higher real exchange rates. The Balassa-Samuelson effect suggests that an increase in wages in the tradable goods sector of an emerging economy will also lead to higher wages in the non-tradable (service) sector of the economy. The accompanying increase in [You must be registered and logged in to see this link.] makes [You must be registered and logged in to see this link.] higher in faster growing [You must be registered and logged in to see this link.] than it is in slow growing, [You must be registered and logged in to see this link.].
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