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@Saskatoon

that's because Canada is developed economy.. it is running above its non-inflation-accelerate growth capacity now...

cuilimin(平平淡淡)
if canada economy growth higher than 2.8%, inflation start to pick up... and again, canada is a country with a more comlete social welfare coverage.. canada is also a country with strong labor union...its labor market is more rigid.. and it is hard to keep lid on inflation with strong labor union exist... and it is great achievement to have current economy but still keep blue sky and drinkable water.. clear air.. we are lucky

China is in complete different shape.. most people does not have social welfare covered.. wealth allocation/transfer payment system is not fair.. labor is poorly educated and poorly paid... when we put machine in peasant hand who flood to city.. it is easy to see GDP explosive growth.. however, even so... china unemployment rate is still high even with double digit growth.. if China's GDP lower than 8%, then you will see to too many unemployed people wandering and destablize the society....

therefore it is unfair to compare two economy just by GDP number..
(#4019029@0)
Last Updated: 2007-10-26
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Replies, comments and Discussions:

  • 枫下茶话 / 政治经济 / 加国银行说，今年加拿大的经济估计仅能达到2.6%。明年说预计达到2.3%， 后年预计是2.5%。 这个算经济在增长吗？加银行说膨胀，力争控制在2%。也可能达不到。那就说未来3年经济净增长在0.5%左右。哈哈，大家有感觉吗？这是加国银行说的经济强劲吗？自然增长就比它高。呵呵！ -he_mu_jia(lao_xiao_lao_xiao); 2007-10-17 (#3997581@0)
    • that's because Canada is developed economy.. it is running above its non-inflation-accelerate growth capacity now... -cuilimin(平平淡淡); 2007-10-26 {1002} (#4019029@0)
      if canada economy growth higher than 2.8%, inflation start to pick up... and again, canada is a country with a more comlete social welfare coverage.. canada is also a country with strong labor union...its labor market is more rigid.. and it is hard to keep lid on inflation with strong labor union exist... and it is great achievement to have current economy but still keep blue sky and drinkable water.. clear air.. we are lucky

      China is in complete different shape.. most people does not have social welfare covered.. wealth allocation/transfer payment system is not fair.. labor is poorly educated and poorly paid... when we put machine in peasant hand who flood to city.. it is easy to see GDP explosive growth.. however, even so... china unemployment rate is still high even with double digit growth.. if China's GDP lower than 8%, then you will see to too many unemployed people wandering and destablize the society....

      therefore it is unfair to compare two economy just by GDP number..
      • 你和这种快乐老家式的人物说什么都没用.典型的心理偏执,那是一种病,需要看精神科医生. -ilovecar6021(车还没坏呢); 2007-10-26 (#4019062@0)
        • 笑死人不偿命啊。 哈哈......lol.... -goggles(烟雨人生); 2007-10-26 (#4019081@0)
        • i don't know that.. wasting my time... -cuilimin(平平淡淡); 2007-10-26 (#4019149@0)

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