4 ms·
That might be possible with significantly higher GDP per capita That's actually a really interesting point. The feasibility of BI is going to be tied to GDP pe
by sliverstorm 13y ago
That might be possible with significantly higher GDP per capita
That's actually a really interesting point. The feasibility of BI is going to be tied to GDP per capita, as well as cost of living. In a country where GDP-per-capita is several times cost of living, BI would be relatively easy, whereas a country where GDP-per-capita is barely above cost of living, BI would be very difficult (because where do you come up with the money?)
US GDP per capita is about $50k. I'm not sure what cost of living is, but that definitely isn't a whole lot higher than what is usually accepted as the threshold to living somewhat comfortably (somewhere around $40k)
Norway, on the other hand, has a USD GDP per capita of ~$100k, so unless cost of living is much higher, BI may be much more feasible there.