Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
GDP per capita is the worst measure of HH income (average distro) irrespective of personal disposable income, liabilities, "off-shore" assets, price parity, etc.

"nominal" GDP simply is sum value of total economic activity in one nation. har. at the end of one reporting year.

yes, the only explanation for selection 2013 is to dramatize pirate penalties net effect on RU by 2014 FYE. I for one remain enchanted by IMF country income brackets and OECD criteria for membership, ie. EU, "spanning the globe" as it excludes 80% of UN nation-states who transfer wealth to the club.

by Cat on Sun Feb 27th, 2022 at 09:58:04 PM EST
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