Tag: per capita GDP by nation
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Grossly Distorted Picture (of Gross Domestic Product)
The Economist: Grossly Distorted Picture (Emphasis is mine) If you look at GDP per head, the world is a different—and, by and large, a better—place. … …Using growth in GDP per head rather than crude GDP growth reveals a strikingly different picture of other countries' economic health. For example, Australian politicians often boast that their…