Re: HDI, GNP and the PPP factor

["Perelman, Michael" <MPerelman@xxxxxxxxxxxx>]

Yoshie, you are not the only one that has been pestering Paul.

Michael Perelman
Economics Department
California State University
Chico, CA
95929


-----Original Message-----
From: PEN-L list [mailto:PEN-L@xxxxxxxxxxxxxxxx] On Behalf Of Yoshie
Furuhashi
Sent: Saturday, July 24, 2004 7:33 PM
To: PEN-L@xxxxxxxxxxxxxxxx
Subject: Re: [PEN-L] HDI, GNP and the PPP factor

>Indeed, it has been a little noticed trend that today most of the
>World Bank's 'public relations' type documents, most human
>development related documents, and most documents arguing for the
>success of the neo-liberal project use PPP *and only* PPP.  Even
>where there findings would be utterly reversed by the once standard
>method.  Even the introductory chapter to the World Bank's flagship
>statistical publication (cited above) uses ONLY the more favorable
>(and yet artificially constructed) version.  Even the Human
>Development Index we have been discussing presents ONLY one version
>- and this radically changes many stated conclusions.  It is not, as
>if the "actual" National Income Accounts are not used in other
>environments where that method would be more favorable to the Bank
>or the IMF's policy objectives.  Indeed in some cases - such as
>those involving debt negotiations, foreign investment, or sectoral
>policies promoting the private sector, it appears (by purely casual
>observation) that *only* the non-PPP version appears.
>
>Paul

Paul, why don't you put together your notes on the PPP factor that
you've posted here and publish it as an article for the general
audience?
--
Yoshie

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