Recent content by Pavel

Well it depends if we really need to replace it or not. It can remain an indicator as it is, but we can't use it to compare countries between them. I think a good indicator would be GDP brought down to a common denominator. For example, US GDP: 14 624 184 millions of $ China GPD: 5...

Hi everybody, I wonder why everybody is always using that indicator which is absolutely non-sense, when we think about it? Let me explain: 1) It doesn't take into account THE NUMBER OF PEOPLE living in a country... I mean, that totally doesn't make sense right? The more there are people, the...