Extra #DefenceSpending will act as boost for #ScienceandTechnology, there may be reductions in #businessgrants, finding savings in various budgets, fewer children are expected, so could be economies in #SchoolsBudget, maybe #StatePension uprating could be aimed at long term changes in #GDPperCapita.
New research from Gillian Petit shows Canada's current GDP per capita ranking compared to where we would be if non-permanent residents were held at 2% of population.
Bottom line: GDP per capita is a flawed measure that doesn't reflect real economic performance.
#GDPpercapita #MeasureWhatMatters
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Spain's GDP per capita has overtaken Japan's, projected at $36,190 versus $33,960 in 2025. Strong domestic demand and tourism support Spain's growth, while Japan struggles with stagnation, an aging population, and innovation deficits. #SpainEconomy #JapanEconomy #GDPperCapita
The Stupidity of GDP per Capita and it being used as a measure of productivity or Quality of Life,
www.youtube.com/watch?v=eiym...
#GDP #GDPperCapita #QualityofLife #Economy #EconSKY
Does no-one ever mention population growth when discussing GDP growth? Population increse per quarter is about 0.17%. #gdppercapita?
