briosa said:
In PDF the ranking
http://www.cphr.sk/english/undp2002en_15.pdf
there`s a new one but i can`t find it at the moment.
http://www.undp.org/hdr2003/pdf/presskit/HDR03_PKE_HDI.pdf
Notice how the US dropped a place
And Holland rose 2
Briosafreak said:
This data helps interpreting that article, you should also see the data about the gap between poor and rich, that makes GDP only based statistics not reliable, and therefore not used in general in the International Organizations, although it`s an important index to help on abstract economic models.
Exactly.
Briosa, I'm sure you're familiar with the IFI/World Bank's method of determining whether a third world country is doing "good" or "bad". They measure the GDP real growth rate and then declare the country either a "prodigy" or a "failure". Uganda, IFI's favourite sub-Saharan country, has had a real growth rate of 5-7% during the 90's. Based on this, and purely this, the IFI declared it a model of it's 90's "good governance" system (which replaced the earlier predominantly American neo-liberal system).
Guess what this means? Uganda is an oppressed country, with a shame of a democracy described as the "no-party" system, enormous amounts of horrible poverty, worse than its neighbours. Yet it is a "prodigy", 'cause it's GDP real growth rate is high. Gddduh...
Using GDP per capita means NOTHING as lon as you don't consider other factors, as long as you don't consider how expensive houses are, how high rent is, how expensive average shopping is.
The more important factor, which is glossed over in the article, is "spread of wealth". Luxembourg has a high GDP per capita not because it has no poor people, it has a high GDP per capita because it has a lot of rich people.
You see, "average GDP" is not the mean GDP, it simply does not denote how much the average joe is making, it denotes how well the poor people are balanced out by the rich people. As such, it is *completely* meaningless to measure how well-developed a country is when it comes to the spread of wealth and how bad the poorest are off.
I find it surprising this study came out of Sweden, usually this attitude is predominantly American. It's typically American to just denote how rich a country is by how much money is pumped through it. Europeans, however, prefer to look at the spread of wealth.
CC said:
The percentage of Americans living below the poverty line has dropped to 12% from 22% since 1959. In 1999, 25% of American households were considered "low income," meaning they had an annual income of less than $25,000. If Sweden, that model of European welfare states, were judged by the same standard, about 40% of all households would be considered low income.
Yeah, mebbe that's because a Swedish person doesn't NEED to make 25,000 to survive. The reason only 60% of the people make more than 25,000 is that, as opposed to the US, 25,000 is a healthy sum in Sweden, and enough to survive by.
CC said:
Well, good economic development with a high level of per capita GDP is also a good antidote to poverty.
Bull. If the per capita GDP rises, it could just as well mean that the rich are getting richer, while the poor stay the same. This is such a mindless, stupid attitude.
CC, are you familiar with the "Washington Concensus", the IFI system of spreading wealth throughout the world and making third world countries bigger by, guess what, pumping up the per capita GDP and doing nothing else. During the 80's, "strong" (aka oppressive/authoritan) governments were considered fine, as long as the economy was liberated so that everyone had access to it. After all, if everyone has access to the economic growth, the GDP per capita rises, and the country is doing well, right?
Wrong. The "Washington Concensus" was removed in the 90's because it was an enormous failure. Not only did it fail to obtain its goal, it made the lives of many people worse, by thinking free economy without the 90's determined 'good governance' would make lives better. Of course it doesn't, the GDP per capita is not the end-all be-all of quality of life, that's stupid, and that attitude still reverberates in the 'good governance' system, ruining it.
CC said:
But what does it mean to be poor in the U.S.? A large proportion of the "poor" (45.9%) own their homes, 72.8% have a car and almost 77% have air conditioning, still considered a luxury in most of Western Europe. The average living space for poor American households is 1,200 square feet. In Europe, the average space for all households, not just the poor ones, is 1,000 square feet.
Ahahaha! Don't tell me anyone bought this one.
What's still considered a luxury in most of Western Europe? Our own homes? A car? No, air conditioning. Well duh gypsy, air conditing is a luxury in all countries north of France, because it's *not necessary* and when a commodity is not necessary, it becomes a rarity, and thus expensive. Gee, nice comparison there.
Average space for all households? Ehehehe. Did anyone ever consider that that might be because ground is aplenty in the US, and thus there are huge ranches and other types of large buildings which are simply cheaper in the US than in the EU. While many EU countries, like the Netherlands and other North-Western nations, are densely populated, making ground insanely expensive.
This has *nothing* to do with how rich the country is, or how good the policies are when concerning economic development. This is simply a "geographic handicap" and should hardly be used as a means to criticise Euroep.
CC, that study was bull. It only looked at a limited scope of elements to bring out the best of the US. I could write up a study about the state of living, freedom of press and democracy, healthcare and how expensive it is, the state of living of the very poorest and the quality of schooling ub the US and EU and roundly declare that the "EU is better", but that wouldn't be fair, would it?