"The country's Gross Domestic Product -- the value of goods and services it produces -- was $2 trillion in 2009, the 10th largest in the world, according to the CIA World Factbook. But per capita income for the same year was estimated at $10,200, the 105th highest in the world. Simply stated, most of the wealth being produced is not finding its way down to most Brazilians."
- Brazil enacts racial discrimination law, but some say it's not needed. http://edition.cnn.com/2010/WORLD/americas/07/21/brazil.racism/ Uh, isn't per capita income equal to GDP divided by population? Doesn't the fact that Brazil ranks 10 on GDP but 105 on per capita GDP reflect the fact that Brazil has a lot of people in it, rather than the degree of economic inequality (which is also great, but has other ways of being measured)? "Simply stated, when you divide a number by a large number, the result is much smaller than if you divided by a number that is not nearly so large." -- Robert Naiman Policy Director Just Foreign Policy www.justforeignpolicy.org [email protected] Urge Congress to Support a Timetable for Military Withdrawal from Afghanistan http://www.justforeignpolicy.org/act/feingold-mcgovern _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
