Exact(37)
A strategy based on productivity presumes a steady-state future where a more productive workforce can support a larger dependent population; whereas one based on GDP presupposes population growth in perpetuity, an unsustainable scenario that has been compared to a Ponzi scheme.
It assigns them very different obligations and responsibilities, all based on GDP levels from 1992.
J.P. Morgan uses weights based on GDP at market exchange rates.
In February, the World Bank named Malawi as the poorest country in the world based on GDP per capita.
Companies' estimates of the consumer opportunity in Africa tend to be based on GDP and demographic growth data.
The ones for the most recent Summer Games are recognizable, at least if you've seen maps based on GDP — the southern hemisphere is shrunken.
Similar(23)
Stagnant economic growth was also discussed at Davos, but our mechanism to measure growth is outdated as it's based on Gross Domestic Product (GDP).
The 41 countries are categorized, based on their GDP per capita and GDP growth rate, into 19 low/middle-income countries (including 8 countries in Europe/Asia, 11 countries in Latin America/Caribbean, regions) and 22 high-income countries (defined by GEM2007), in order to differentiate the levels of development.
Using the highest valuation (based on average GDP per hour worked), Germany's leisure-adjusted GDP per head is only 6% lower than America's, compared with a 26% shortfall in conventional GDP per head.
According to World Bank data, 18 of the 20 poorest countries suffered a 10% reduction in GDP per capita, eight suffered a 20% reduction, and six a 30% (or more) reduction in at least one of the last five decades (based on 2007 GDP per capita and excludes Zimbabwe, North Korea and Palestine due to lack of data).
This is based on nominal GDP.
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