Is It Better to Be Rich in a Poor Country Or Poor in a Rich One?

Is It Better to Be Rich in a Poor Country Or Poor in a Rich One?

Global Finance

GDP per capita adjusted for relative purchasing power gives us an idea, albeit an imperfect one. Determining the world’s richest countries how rich you are depends to a large degree on how rich and poor countries are defined. This is why a more accurate representation of people’s living conditions begins with dividing a nation’s GDP by the number of people that live there.

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