GDP Measures the Wealth of Bankers
By Dady Chery, Haiti Chery. Libya’s gross domestic product (GDP) increased by 108 percent in 2012. By contrast, the growths of Japan and other developed countries, as measured by their GDP, have stagnated at values below three percent and sometimes negative. If you are shaking your head, thinking there must be a mistake in the World Bank’s computations, think again.
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