Attention Economy


Saturday, September 5, 2015

Measuring GDP in Poor Countries - A Challenging Task

It is quite likely that the reported GDP (and consequently GDP per capita) measures for poor countries significantly understate the extent of economic activities actually taking place.
Morten Jervens on the challenges of GDP measurement in Africa
Bill Gates highlights the challenges posed by mismeasurement of GDP:
http://www.project-syndicate.org/commentary/poor-countries-need-more-accurate-gdp-data-by-bill-gates