Sunday, November 8, 2009

The World After 1989: Walls in the Mind

This article discusses the climate of the ex-Communist, Central European countries after the fall of the Berlin Wall. After the fall, capitalism began to grab hold. Entrepreneurs came from all over to take advantage of the low costs, and entrance into the EU, promised billions of euros for modernization. The graph in the article shows that these countries still have a long way to go to be considered economic powers. The highest GDP per person is in Slovenia where GDP per capita is $24,180. While the fall of communism proved good for these countries in all aspects, they still need to truly show that they can grow their economies.

No comments: