But, couldn’t the price-point on those out-of-date engines and power-plants be attractive to some developing-nations with limited budgets, and the technology, possibly, be an improvement over what they currently have?Yes but only in MIC. Their civil industry is not cost competitive. That doesn't mean its behind, but the reality is, mass produced handmade shirts sold for 50 cents made by sweatshop laborers will make more money than a power plant or engine that's a few decades out of date, even though its much easier to sew shirts than build power stations or engines.
It's the same problem Ukraine faced, actually - they had all this industry, including jet engines, yet can't sell them because they're just a little worse than the competition, but in a market with so few buyers, a little worse might as well be stone age.
Some of us can remember when Japanese cars were crap, but there was still a market for them. In fact, I preferred Subarus when they were “built inexpensive, and made to stay that way!”
Not that this model was crap, it’s a beauty!
