Gender equality? The WEF ranks us behind Nicaragua and Lesotho. Investment by business? The Economist thinks we are struggling to keep up with Mali. Let me put it more broadly, Britain is a rich country accruing many of the stereotypical bad habits of a developing country.Aditya Chakrabortty discusses the increasing hollowing out of the UK economy, as well as the City as an economically distorting resource curse.
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