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Real wages are down and output per head is down.
Output per head is over 17 times larger in the South than the North.
But national output per head in Italy is only 4% higher than it was 15 years ago.
They traditionally judge the success of an economy by the volume, not the variety, of output per head.
China has an average level of output per head that languishes far below that of the UK.
"If the UK were to match the productivity performance of the US," Gordon Brown told industrialists this week, "output per head would be over £6,000 higher".
Similar(17)
Productivity gains are not impossible in the service sector, but in some cases, such as hairdressing, they are harder to come by, and in other cases – think schools – they would not be especially desirable if increasing output-per-head meant bigger class sizes.
Scotland's economic output (Gross Value Added per head of population in 2010) is 99 per cent of the UK average.
The annual growth rate in world population has now slowed to 1.2%, so recent GDP forecasts would still allow average world income per head to rise.If market exchange rates are used to measure world output instead of PPPs, then some recent forecasts would imply a fall in world GDP per head.
Largely through government spending, newly independent India sought to increase industrial output fivefold and double incomes per head within 15 years.
Angus Maddison, an economic historian, estimates in a new paper* that between 1820 and 1952, when world economic output rose eightfold, China's product per head actually shrank.
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