[lbo-talk] GDP per capita/India

Paul paul_ at igc.org
Thu Jun 24 10:10:30 PDT 2004


Doug writes:
>By the way, the WB has Indian incomes at 1.5% of U.S. on a cash basis, and
>7.5% on a PPP basis.

Is that income or GDP p\c? Usually, the statistics are then used AS IF they are talking about something closer to living standards, like income (or even median income) but it isn't. Paul



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