LSE Business Review – Beyond GDP: How social progress and competitiveness are closely related

http://bit.ly/2vRKpL8

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– Helena Vieira
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Kuwait, a small country in the Persian Gulf, holds the sixth spot on the global GDP per capita ranking, with an average per capita income of over US$ 69,000 in 2015, adjusted at the purchasing power parity. At the same time, it ranked only 34th in the World Economic Forum’s 2015-2016 Global Competitiveness Index (GCI). New Zealand, another relatively small country both in size and population, has a per capita wealth which is roughly only half that of Kuwait — a little over US$ 34,000 at the pur.  show all text

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