ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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International Comparisons and GNP Measures

International Comparisons and GNP Measures Dipak Mazumdar Lee Travers Cheena Trikha The relative economic strength of various Asian countries as well as their growth rates and rates of investment, consumption and government spending are in many cases quite different when evaluated in real GNP terms rather than the more traditional nominal GNP These differences affect not only a country's likely poverty outcomes but also the comparative evaluation of a host of other economic and social variables. This paper seeks to highlight some of the changes in perceptions of comparative Asian growth that derive from the real GNP estimates.

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