Sebastian Edwards

[Brad De Long]

>Brad De Long wrote:
>>After all, if this year is as good a year for Mexican growth as the average
>>year in the past decade, then this year Mexican measured real GDP will be
>>more than 40% higher than it was a decade ago. Mexico's population growth
>>rate is high enough that such an increase translates into less than half as
>>large an increase in real GDP per capita--but this is still progress of a
>>sort (albeit of a sort that leaves measured real GDP per capita lower than
>>in the late-1970s heyday of the oil boom).
>
>And the average real wage at around early 1960s levels, right?
>
>Doug

Yep.

Of course, public health and access to communication and transport measures
are somewhat higher, if I recall correctly...

Brad DeLong