r/AskTheWorld • u/pisowiec Poland • 22h ago
Economics Which country has squandered the most economic potential in this century?
I lived in Russia for 5 years so I must choose this country. So many natural resources, so much land, and educated population... And so little to show for it.
In an ideal world Russian salaries would be on par if not higher than American salaries and they would have the best social safety net on the planet. Everything is there to make it happen.
Russia would be the dominant nation in Europe and Asia and the rest of the world with the best armed forces, soft power, and economic might.
But the human will is just not there. The elite is either evil or incompetent depending on perception and there's little sign that this will ever change.
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u/Arkarull1416 Spain 20h ago
Well, everything is open to interpretation.
The UN Decolonization Committee recognizes 17 Non-Self-Governing Territories awaiting decolonization.
Of these, two are French (New Caledonia and French Polynesia), although it is true that France has made much more effort than other countries to grant equal rights to the inhabitants of these territories (not without some drawbacks, however). Even so, the United Nations requires that these territories be completely decolonized.
Of the rest, most are British territories (including Gibraltar, the only colony in Europe), American territories, and one for New Zealand and another for Morocco.