Tilted Forum Project Discussion Community - View Single Post - What countries in the world have 'good', 'stable' economies?

ASU2003 · 12-12-2010, 01:19 PM

It seems like more and more countries around the world are having problems with their economies. Either it was caused by bubbles, by over fishing, by running out of natural resources, having prices spike, or by stock market crashes.

Just off the top of my head I can think of these, yet there are many 3rd world countries that haven't been able to have a boom and bust.

Iceland
Ireland
Greece
Argentina
Georgia
Somalia
Portugal
Mexico
Japan
USSR
1930s - Germany & USA

Does it all come down to having enough tax money or foreign investment coming into the system, or does the hard work of the citizens make the country's economy work?

What effect does shortages in the natural resources have due to raising production costs, lower tax revenue, or the downright elimination of industries that cost too much to [harvest/collect/mine/catch] compared to other countries?

Has any country had a very high tech (or low tech) society where machines did all the work and were able to handle a large unemployment number because they didn't need to work?

Are there any non 3rd world countries out there that aren't effected if the US or Chinese demand drops?

Is there a forth type of economic policy that could be a sustainable one?

12-12-2010, 01:19 PM	#1 (permalink)
ASU2003 immoral minority Location: Back in Ohio	What countries in the world have 'good', 'stable' economies? It seems like more and more countries around the world are having problems with their economies. Either it was caused by bubbles, by over fishing, by running out of natural resources, having prices spike, or by stock market crashes. Just off the top of my head I can think of these, yet there are many 3rd world countries that haven't been able to have a boom and bust. Iceland Ireland Greece Argentina Georgia Somalia Portugal Mexico Japan USSR 1930s - Germany & USA Does it all come down to having enough tax money or foreign investment coming into the system, or does the hard work of the citizens make the country's economy work? What effect does shortages in the natural resources have due to raising production costs, lower tax revenue, or the downright elimination of industries that cost too much to [harvest/collect/mine/catch] compared to other countries? Has any country had a very high tech (or low tech) society where machines did all the work and were able to handle a large unemployment number because they didn't need to work? Are there any non 3rd world countries out there that aren't effected if the US or Chinese demand drops? Is there a forth type of economic policy that could be a sustainable one?