People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE
People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE
David Dodwell
Opinion

Opinion

Outside In by David Dodwell

When people in the world’s 10 richest economies aren’t so well off, is GDP a meaningful measure?

  • The latest World Bank research highlights the inadequacy of GDP to assess a country’s wealth, compared with the money in people’s pockets
  • Perhaps if environmental factors and the impact of inequality were included, then the top 10 list might look a little different

People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE
People walk near the central business district of Singapore, one of the world’s richest countries as measured by per capita GDP. Photo: EPA-EFE
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