Jacob Mikanowski: belief

Transcript context

…— nonetheless it all feels quite diffused, whether it’s Ireland or Belgium. Some people would say Spain; maybe that’s still up for grabs. I think so. Maybe this is naive, but the more European integration happens, the more that does lift some of those regional and enclave problems, as you can devolve some things to the EU. If the EU were to expand there — I think it would help a lot of those problems. Is there a specific income level? They have a long way to go in Albania, North Macedonia, Kosovo. These are, aside from Moldova, the poorest countries in Europe. The amount of catching up before we can be Switzerland and all live happily together: it’s pretty big. If they did get there — and maybe they will — I think the temperature would go down. I don’t think it’s bred in the bone in some way. I think the temperature has been going down. I looked at some data recently. The most rapidly growing economy in Eastern Europe is Poland — no surprise. But №2 is Albania. And the place is booming. What happened there? No one expected that. What have they done right?…

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