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Re: HDI, GNP and the PPP factor

Paul wrote:

> BUT, using the PPP technique I described in earlier
> posts, the World Bank
> also calculates an imputed (imaginary) GNI.  For the
> same group of
> countries this calculation boosts their Gross
> National Income from $6.1 to
> $20.5 trillion!  This is a 320% increase - but just
> on paper

Relative prices in different parts of the world would
have to be considered to obtain a fair picture of
relative incomes. I can buy a banana for 3 cents in my
city (Pop. 15 million). How much a banana costs in New
York?

Ulhas


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