4 ms·
Both are flawed proxies for QoL but PPP less so. Canada and France have better QoL than Guyana at similar PPP GDP because of more equal distribution. They also
by fulafel 3y ago
Both are flawed proxies for QoL but PPP less so.
Canada and France have better QoL than Guyana at similar PPP GDP because of more equal distribution. They also happen to have higher non-PPP GDP but it's unrelated - it's accidental that in this case PPP normalization modifies the PPP GDP comparison to correlate less with QoL difference.