GDP or HDI?

[reds4ever]

I don't play Command and Conquer...

[Meticulous Man]

Originally posted by Tattila the Hun
DD

Can you illustrate what that is with some pics?

[Barnabas]

nominal per capita gdp vs ppp per capita gdp vs hdi


My opinion

hdi has some freaky results, like cuba having a high development (which is true regarding education and health, but then la havana looks like a city in ruins, cars look 40 years old, and people use salt instead of toothpaste)

nominal gdp is the most objective one, but is seriously affected by devaluations and (apreciation?revaluation?) of currencies, so a country can change a lot from one year to the other.

gdp per capita adjusted with power purchasing parity, is what tells you best how developed is a country in comparison to others.

[Ecthy]

China fares a lot better in PPP than Germany. For domestic consumption we get told the nominal figures at home, but everyone with brains knows Germany is the 5th largest economy of the world, not the 3rd largest.

[DinoDoc]

Originally posted by Aivo½so


Can you illustrate what that is with some pics?

I'd be very sared if he could. Talk about inducing paranoia.

[Zkribbler]

Originally posted by SlowwHand
Congratulations.

This is one of the laziest and least comprehensible threads I've ever seen.
Concise, yes. Intelligible, no.

I wuv you, SlowwHand!

[Kidlicious]

Originally posted by Barnabas
hdi has some freaky results, like cuba having a high development (which is true regarding education and health, but then la havana looks like a city in ruins, cars look 40 years old, and people use salt instead of toothpaste)

nominal gdp is the most objective one, but is seriously affected by devaluations and (apreciation?revaluation?) of currencies, so a country can change a lot from one year to the other.

gdp per capita adjusted with power purchasing parity, is what tells you best how developed is a country in comparison to others.

It seems that you think its most important for the richest people in the country to be richer than in other countries. Have you seen US cities?

[Lawrence of Arabia]

So developing countries shouldn't go primarily for sheer economic growth and developped countries should?

we are talking about comparing countries, not goals for countries.

[b etor]

Originally posted by cronos_qc
For more information:

http://en.wikipedia.org/wiki/Human_Development_Index

oh. thankyou