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Higher GDP growth as a percentage? Comparing developed economies to developing ones with that metric isn't particularly useful.
by rndmio 10y ago
Higher GDP growth as a percentage? Comparing developed economies to developing ones with that metric isn't particularly useful.
- gozur88 10y agoI would argue it's the only number that's useful. Total GDP is a function of policies going back hundreds of years, which were likely to have been quite different.
- blackflame7000 10y agoHow else are you supposed to compare? Actual GDP? That certainly doesn't make any sense.