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Post by Jaga on Jan 18, 2008 18:43:00 GMT -7
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Post by Jaga on Jan 18, 2008 18:44:29 GMT -7
I guess Poles should move to Greenland. The GDP per capita there is much higher. I know that Pawian will agree  |
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Post by livia on Jan 19, 2008 9:04:14 GMT -7
Yes, Jaga I was very surprised! At first I couldn't find out how such a result contradicting the intuition or commonsense was obtained. And then I did some reading and found out. The result is true and so is the intuition contradicting it! The map you provided is of Gross Domestic Product per capita. Which is the value of all goods and services produced by a country in a given year divided by the population for the same year. Reading more it became clear the actual economical position of a single country is better represented with the purchasing power parity (PPP) indicator being used. The purchasing power parity uses the long-term exchange rate of currencies to equalize their purchasing power. It is often used to compare the standards of living between countries, rather than a simple per-capita gross domestic products comparison. So I looked for the map showing the two taken together. GDP per capita with PPP. And found out the map really is more in line with what I called intuition and Poland has left the third league already and heading firmly to beat the Americans! ;D ;D ;D ;D ;D ;D Just give us some 20 years more!!  upload.wikimedia.org/wikipedia/en/b/b2/World_gdp_2007_b.png
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Post by Jaga on Jan 19, 2008 23:23:56 GMT -7
Hi Liwia,
I agree, it is difficult in easy way to compare the wealth of different countries. In my graph, the position of Mexico was not such a surprise for me like... Libya (but maybe they have lots of petroleum). Poles are not aware, that Mexico is considered the most developed country of Latin America, it has a strong middle class. Still it has many very poor people. There is a big difference between the capitalism in Europe and in Latin america. In Latin America the equalities between people belonging to different classes are much higher. Some kids never get any education, or very limited one.
referring to your graph, I do still see some questionable positions - for instance Hungary seems to be lower than Poland. Is it because Polish zloty is so strong now? I always thought that Hungary attracts much more foreign business than Poland. Why Portugal is so low?
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Pawian
European
Have you seen my frog?
Posts: 3,266
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Post by Pawian on Jan 20, 2008 3:30:35 GMT -7
It looks that Poland is in the same league like Mexico and Libya. Frankly, Poles would be surprised to hear this: Not me. Mexico has some oil, that`s enough to be better-off. |
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Post by livia on Jan 20, 2008 3:58:01 GMT -7
Hi Liwia, I agree, it is difficult in easy way to compare the wealth of different countries. In my graph, the position of Mexico was not such a surprise for me like... Libya (but maybe they have lots of petroleum). Poles are not aware, that Mexico is considered the most developed country of Latin America, it has a strong middle class. Still it has many very poor people. There is a big difference between the capitalism in Europe and in Latin america. In Latin America the equalities between people belonging to different classes are much higher. Some kids never get any education, or very limited one. referring to your graph, I do still see some questionable positions - for instance Hungary seems to be lower than Poland. Is it because Polish zloty is so strong now? I always thought that Hungary attracts much more foreign business than Poland. Why Portugal is so low? I think you're right - it is beacause of strong Polish zloty! And in Hungurt they some kind of crisis last year too. And I think Pawian may be right too - Mexico and Libya are just as Russia - they prosper thanks to oil and gas. While Poland, Hungary etc. build the industry and services and so on. |
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Post by valpomike on Jan 20, 2008 10:10:09 GMT -7
Livia,
You are a very smart person, who thinks with her heart, and speaks with it also. I put much respect in your thinking. I myself don't know enough on this matter, but hope the Polish people don't get passed over again.
Michael Dabrowski
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