Where Stalin left off Mao picked up

[KrazyHorse]

gribby

1) No, the word "constant" appears there, and the final number looks a lot like today's prices (divide by 7 to get today's USD). Therefore the 67.9bln is <10 billion in 2010 USD

2) I had guessed at 1billion pop. in china in the 1950s. Looks more like 600-700 million, so that ups it to <10billion 2010USD / 600million = 16 2010USD per cap

[giblets]

The website he links to labels the figures as "GDP Rmb billion at current prices". I'm guessing onefootinthegrave made a mistake.

[KrazyHorse]

http://en.wikipedia.org/wiki/List_of...PP)_per_capita

Zimbabwe, Congo, and Burundi have 300$ or below per capita right now.

http://www.google.com/publicdata?ds=wb-wdi&met=ny_gdp_pcap_cd&idim=country:CHN&dl=en&hl=en&q=china+gdp+per+capita#met=ny_gdp_pcap_cd&idim=country:CHN:ZWE:BDI:ZAF

Google puts it at about 100$ in 1960.

JM

Apply some critical thought here, Jon. What's more likely? 10$ per capita or the fact that there is no reasonable estimate of per-capita production in an economy like China circa 1955?

[KrazyHorse]

There are a large number of people who survive on the equivalent of less than a dollar a day. Claiming that anybody survived on a 30th of that is retarded.

[OneFootInTheGrave]

The website he links to labels the figures as "GDP Rmb billion at current prices". I'm guessing onefootinthegrave made a mistake.

I always wanted to use this smiley

[Jon Miller]

I didn't suggest that 10$ was the per-capita production in China in 1955. I provided data where it had been lacking.

JM