Chile and Iran are uneducated grug states. Australian students consistently rank as among the best in the world, well beyond Russia too. Australia is also not massively sanctioned, so they get to export to their maximum. What exports do is give Australia hard currency aka Euros and USD. So then Australian consumers, who almost entirely work in services, are able to import necessary goods easily with a relatively strong dollar. The local intellectual driven business in those other countries are comparatively weak and their long term capital accumulation is also very weak. Aussies have had decades to build local capital with strong banks. <|endoftext|> 