The decline in average per capita income of the manifestations of economic backwardness
The most important aspects in developing countries, whereon this basis is determined whether the state belongs to a group of developed countries or group of developing countries
But there is criticism and harsh in using the average per capita income as a measure of progress and economicbackwardness of the following reasons -----------
This depends on the average of the measured values andtherefore does not take into account the structure of thedistribution of income among members of the communityand the country are developing a large disparity in the incomes of Mosher, reducing economic welfare.
Inaccuracy of the calculated values of the average per capita income in developing countries due to lack ofaccurate estimates of GNP due to statistical errors.
Inflation, the value of some services that are not concernedin the development, including GNP leads to deviation of the average per capita output.
Elements of imprecision in estimating the real value and turn them into a single common currency.
But despite all these criticisms, but he is still the bestMosher to measure the degree of progress orbackwardness of economic
The most important aspects in developing countries, whereon this basis is determined whether the state belongs to a group of developed countries or group of developing countries
But there is criticism and harsh in using the average per capita income as a measure of progress and economicbackwardness of the following reasons -----------
This depends on the average of the measured values andtherefore does not take into account the structure of thedistribution of income among members of the communityand the country are developing a large disparity in the incomes of Mosher, reducing economic welfare.
Inaccuracy of the calculated values of the average per capita income in developing countries due to lack ofaccurate estimates of GNP due to statistical errors.
Inflation, the value of some services that are not concernedin the development, including GNP leads to deviation of the average per capita output.
Elements of imprecision in estimating the real value and turn them into a single common currency.
But despite all these criticisms, but he is still the bestMosher to measure the degree of progress orbackwardness of economic
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