Perspective is very important. However, if you ever studied fractal geometry, you realize quite quickly that perspective at times is one and the same. Fractal geometry shows that at various scales (big and small), you can’t tell the difference because the dynamics are the same. This is unique because I typically prefer a top-down perspectiveContinue reading “🔺Scaling, Perspective, and World Trade Organization Importance”
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A countries’ development is merely a spectrum. That developmental spectrum can follow the developmental stages of other countries or the developing country can leapfrog based on 1. Its understanding of how other countries developed; 2. Its own unique dynamics and/or 3. Technological advances. As countries become more developed, there is less of a need to move to relatively more developed countries to improve standards of living which naturally slows immigration flows and is the built-in mechanism of shared prosperity.