How To Predict A Nation's Gdp Per Capita At R=.97 Using Economical Liberty As Well As Average Citizenry Iq -- Addition Slight Tweaks From Trading Block Membership As Well As Fossil Oil

As noted inwards last week's post on Dyson setting upwardly electrical vehicle production inwards Singapore:

I similar Singapore although it is a fighting authoritarian.
The people are bright, ordinarily the highest average I.Q. inwards the world, sometimes #2 to Hong Kong.
In the representative of Singapore the I.Q. thing is peculiarly interesting equally their average is higher than that of whatsoever of the genetic pools the city-state draws from: the Chinese, Malay in addition to Indian.

As a Malaysian Chinese human being of affairs I know has told me, "We should never convey permit Singapore larn away."

Another back-and-forth alongside Hong Kong is income/wealth. HK has to a greater extent than billionaires but Singapore has a higher average income.
And thence at that spot are the Gurkhas. More later the jump.

Influenza A virus subtype H5N1 repost from March 2011:
Via Next Big Future:

Per Capita gross domestic product prediction method alongside 97% accuracy using economical freedom, average IQ, trading block membership in addition to fossil oil usage

...China average EF (Economic Freedom rank from Fraser Institute) index for fifteen years is a 5.34, piece its actual per capita gross domestic product came inwards at $6,200. However, its electrical flow (2003) EF index is already upwardly to a 6.0. Even if nosotros only assumed that no to a greater extent than reforms occurred for the side yesteryear side fifteen years, we'd notwithstanding larn only the side yesteryear side fifteen years of 6.0 EF inwards China's economy. That projects to a Chinese per capita gross domestic product of only about $15,900 (those are existent numbers, non nominal). But that's for 1.35 billion people. The added economical increment from this minimum expectation lone volition live $13 trillion/year inwards GDP.

If nosotros assume that China continues alongside deregulation in addition to economical reforms, inching upwardly inwards the high 7's on the EF Index (at the degree of, say, the United Arab Emirates) such that its weighted EF average for the side yesteryear side fifteen years is only about a 7.0. China would thence shoot upwardly to a projected $22,362 per capita GDP, alongside an economical explosion of over $29 trillion full gross domestic product per yr -- good higher upwardly that of the United States....

 

...The next is the nautical chart of actual per capita gross domestic product in addition to that predicted yesteryear the uncomplicated procedure outlined above:

...The median amount of divergence betwixt actual in addition to predicted per capita gross domestic product was exclusively $1,826.... 

...MORE