Is GDP per capita in PPS a good measure to compare economic development across countries and regions?

Yes, because GDP measures how much is produced within each country or region.
13% (11 votes)
No, because unlike GNP, GDP does not look at the nationality of the factors of production.
0% (0 votes)
Yes, because PPS means that it measures real rather than nominal production.
80% (70 votes)
No, because whenever countries or regions compete for scarce resources, they have to pay in the same currency, not in PPS.
0% (0 votes)
Yes, because it is widely used by the EU to determine which countries and regions need cohesion funds.
6% (5 votes)
No, because it tends to understate true economic disparities across countries and regions.
1% (1 vote)
Total votes: 87
Question objectives: 
Understanding the meaning of GDP.
Understanding the meaning of GNP.
Understanding the differences between both.
Understanding the concept of purchasing power standards.
Understanding the difference between nominal and real GDP.
Understanding the implications for regional policy in the EU.
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