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The Economist -- Country of the year is... (congrats SouthernGuy)

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  • The Economist -- Country of the year is... (congrats SouthernGuy)

    http://www.economist.com/news/leader...ear-earths-got

    The Economist’s country of the year
    Earth’s got talent
    Resilient Ireland, booming South Sudan, tumultuous Turkey: our country of the year is…
    Dec 21st 2013 | From the print edition
    http://www.economist.com/news/leader...ear-earths-got


    HUMAN life isn’t all bad, but it sometimes feels that way. Good news is no news: the headlines mostly tell of strife and bail-outs, failure and folly.

    Yet, like every year, 2013 has witnessed glory as well as calamity. When the time comes for year-end accountings, both the accomplishments and the ****-ups tend to be judged the offspring of lone egomaniacs or saints, rather than the joint efforts that characterise most human endeavour. To redress the balance from the individual to the collective, and from gloom to cheer, The Economist has decided, for the first time, to nominate a country of the year.

    But how to choose it? Readers might expect our materialistic outlook to point us to simple measures of economic performance, but they can be misleading. Focusing on GDP growth would lead us to opt for South Sudan, which will probably notch up a stonking 30% increase in 2013—more the consequence of a 55% drop the previous year, caused by the closure of its only oil pipeline as a result of its divorce from Sudan, than a reason for optimism about a troubled land. Or we might choose a nation that has endured economic trials and lived to tell the tale. Ireland has come through its bail-out and cuts with exemplary fortitude and calm; Estonia has the lowest level of debt in the European Union. But we worry that this econometric method would confirm the worst caricatures of us as flint-hearted number-crunchers; and not every triumph shows up in a country’s balance of payments.

    Another problem is whether to evaluate governments or their people. In some cases their merits are inversely proportional: consider Ukraine, with its thuggish president, Viktor Yanukovych, and its plucky citizens, freezing for democracy in the streets of Kiev, even though nine years ago they went to the trouble of having a revolution to keep the same man out of office. Or remember Turkey, where tens of thousands protested against the creeping autocracy and Islamism of Recep Tayyip Erdogan, the prime minister-cum-sultan. Alas, neither movement has yet been all that successful.


    Definitional questions creep in, too. One possible candidate, Somaliland, has kept both piracy and Islamic extremism at bay, yet on most reckonings it is not a country at all, rather a renegade province of Somalia—which has struggled to contain either. As well as countries yet to be, we might celebrate one that could soon disintegrate: the United Kingdom, which hasn’t fared too badly, all things considered, since coming into being in 1707, but could fracture in 2014 should the Scots be foolhardy enough to vote for secession.


    And the winner is


    When other publications conduct this sort of exercise, but for individuals, they generally reward impact rather than virtue. Thus they end up nominating the likes of Vladimir Putin, Ayatollah Khomeini or, in 1938, Adolf Hitler. Adapting that realpolitikal rationale, we might choose Bashar Assad’s Syria, from which millions of benighted refugees have now been scattered to freezing camps across the Levant. If we were swayed by influence per head of population, we might plump for the Senkaku (or Diaoyu) islands, the clutch of barren rocks in the East China Sea that have periodically threatened to incite a third world war—though that might imply their independence, leading both China and Japan to invade us. Alternatively, applying the Hippocratic principle to statecraft, we might suggest a country from which no reports of harm or excitement have emanated. Kiribati seems to have had a quiet year.


    But the accomplishments that most deserve commendation, we think, are path-breaking reforms that do not merely improve a single nation but, if emulated, might benefit the world. Gay marriage is one such border-crossing policy, which has increased the global sum of human happiness at no financial cost. Several countries have implemented it in 2013—including Uruguay, which also, uniquely, passed a law to legalise and regulate the production, sale and consumption of cannabis. This is a change so obviously sensible, squeezing out the crooks and allowing the authorities to concentrate on graver crimes, that no other country has made it. If others followed suit, and other narcotics were included, the damage such drugs wreak on the world would be drastically reduced.

    Better yet, the man at the top, President José Mujica, is admirably self-effacing. With unusual frankness for a politician, he referred to the new law as an experiment. He lives in a humble cottage, drives himself to work in a Volkswagen Beetle and flies economy class. Modest yet bold, liberal and fun-loving,
    Uruguay is our country of the year.¡Felicitaciones!


  • #2
    Re: The Economist -- Country of the year is... (congrats SouthernGuy)

    I have no other decent reply that humbly accept and thank DG contratulations.
    I would note, however that yesterday our Ministry of finance had to resign after his prosecution beeing asked on "abuso de funciones" charges.
    This means something akin to "excedeeng his faculties".
    I have to say that, in my belief, his undoubtedly foolish, probably ilegal and more self harming than else actions do not imply personal enrichment.
    Him not grabbing money from the happening does not imply other people in the government really did. It's a thorny issue with our (now deceased) national airline.
    Probably they were ordered by so much, in my HO overhiped, President Jose Mujica.
    Who is a very curious fellow. Some of the statements in the article are not true. He does not go to work in any of his two VW beetles.
    He is not poor (he has corrected this statement himself). His net worth is probably more than $200.000 and less than half a million.
    He and his wife (a senator herself) take home not less than $20.000 a month of which they probably donate a half to different charities. Which, by the way, tend to enhance their political might.
    Back to The Economist: the two measures it aludes: gay marriage (which, of course I support) and marihuana controlled legalization however their sensational impact abroad are quite unimportant for the lives of most of the country inhabitants.
    Mujica is much revered by the international press because 1) he is undoubtedly a very unusual, in many ways, president (a Korean TV outfit some time ago had access to the interior of his home: couple of big moisture stains showing in his living room). 2) his economic policies are in a whole friendly to foreign capital. The second gigantic cellulose factory, the world biggest is about to begin operations early 2014, a big (18 million tons a year) iron ore mining is also being authorised against oposition by many people, capital can flow freely in and out of the country, etc.
    Back to cannabis I think it's controlled legalization comes to fill a very concrete demand by big money fed up with looking at a gigantic source of revenue taken away by unlawfull trafickers.
    No chance Soros himself supports the move. Milton Friedman was also supporter of drugs legalization.

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    • #3
      Re: The Economist -- Country of the year is... (congrats SouthernGuy)

      Every politician has his own 'cultist spin' in the public at large. Mujica is not different. Look at the one Obama has had!

      Uruguay followed Lula's example in Brasil, and open borders have made the country a better place overall. Guys like me who come invest allow some of the poorer inhabitants (and not so poor) to "cash out" in ways that would be unattainable other wise. OTOH, you get inflation as a result with all the 'hot money' running in and out of there. Though I believe the capital friendliness of Uruguay means it will have less issues than Brasil where in-bound and out-bound money is much more controlled.

      Like you, the gay issue has no influence on me, and the marijuana issue is a log time coming to the world stage as a country 'legalizing' it, as opposed to ignoring it like Uruguay has, or in the Netherlands, or some other places. Unfortunately, the "war on drugs" is a big money-maker for governments, and a jobs creator for many, while a lives destroyer for so many more.

      Given the lack of industry in Uruguay, mines and pulp mills should be welcome as are the Zona Franca's.

      I'll tell you where the real money could now be made, and I don;t think anyone thee is doing it yet. China bought up Smithfield Foods here in the US, the largest pork producer in the country. My take is that this will mean more whole pig export to China. And why not? It is cheaper to grow a pig in a country with clean water and a ready supply of grains for feeding the pigs, than to ship the grains and feed the pigs in China where the water is more questionable. I think a well capitalized operation in Uruguay "farming pigs" for export to China could be quite the money-maker as you have the grains and you have the water!

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