It would greatly explain the performance of East Asian countries. They share the same environmental challenges whereas in the US the challenges are vastly different depending on which coast you are near. Of course China had less red tape (no pun intended) in some regards for development than the other East Asian countries so it executes even faster than its peers. I think its more of a slam dunk than comparing Europe with the US in these terms, which is commensurate with their ability to churn out infrastructure.
> It would greatly explain the performance of East Asian countries. They share the same environmental challenges whereas in the US the challenges are vastly different depending on which coast you are near.
Huh? East Asian countries differ greatly from each other.
And the bigger countries, like China, differ vastly by region. Just like the US.
