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 ________________________________________________________________________ Yahoo! India Careers: Over 65,000 jobs online Go to: http://yahoo.naukri.com/
