Thursday, September 23, 2010

Resources: The World Bank listing of GNI per capita

This links to the PDF of the document that gives per capita income (adjusted for costs of living) of countries around the world: http://siteresources.worldbank.org/DATASTATISTICS/Resources/GNIPC.pdf

A couple of observations:

First, the methods of adjustment.  The Atlas method adjusts for currency fluctuations and inflation by using multi-year data.  The PPP (purchasing power parity) method adjusts for the fact that stuff costs different amounts in different countries by evaluating the "purchasing power" that the  money has.  This effectively makes the per capita income in poor countries higher. Which is a good way to look at poverty, but not necessarily a good way to look at migration (because higher salaries can be spent in other places).

Second, I've asked you to think about the regional aspects of this income distribution. Where are the rich countries? Where are the poor ones? And where do we find rich and poor countries close to one another?


Enjoy!

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