Hungary's Prime Minister thinks it's time to ditch liberal democracy

2014. július 29. 17:08

Hungarians looking for models from abroad should understand that even really troubled western European countries like Spain and Italy have considerably higher living standards than Russia.

2014. július 29. 17:08
Matthew Yglesias

"Russia is a bit poorer than Croatia or Poland or, indeed, Hungary itself. Turkey is even poorer than Russia, and China is the poorest of them all with a GDP per capita of just around $10,000.

Now of course China has been experiencing enormous economic growth in recent years. And good for them. But the idea that Chinese-style illiberalism can eventually produce even Hungarian levels of prosperity is totally untested. Hungarians looking for models from abroad should understand that even really troubled western European countries like Spain and Italy have considerably higher living standards than Russia — and all without the good luck to stumble into oil and gas wealth."

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