4 ms·
> Also perhaps our more enlightened policies are helping us achieve that higher per capita GDP? Singapore’s GDP per-capita is likely fairly inflated as it does
by jeeeb 2y ago
> Also perhaps our more enlightened policies are helping us achieve that higher per capita GDP?
Singapore’s GDP per-capita is likely fairly inflated as it doesn’t correct for the effect of multinational tax planning by large corporations on the GDP statistics , unlike say Ireland.
See: https://en.m.wikipedia.org/wiki/Modified_gross_national_income https://en.m.wikipedia.org/wiki/Modified_gross_national_inco...
- eru 2y agoYes, though we are also doing pretty well in terms of eg wages, not just GDP.
- deleted 2y ago[deleted]