@DiegoBeghin @MisuseCase @Alon @kentwillard Income has not converged with the West in Eastern Europe. I spend a lot of time in Romania. Romanians earn substantially less than Western Europeans, which is why a very substantial fraction of the younger population has migrated West. Much of Romania's economic support is remittences from that migrant population. Even with those remittences and the relative scarcity of workers, there is no where near convergence of salary levels. 1/

@DiegoBeghin @MisuseCase @Alon @kentwillard (There is instead, ironically, importation of South Asian labor that lacks the right to work elsewhere in the EU or family that does. Capital does not simply accommodate labor growing scarce and expensive.) /fin