The Median as a Better Measure of Development – and Better Than the World Bank’s Shared Prosperity | Center for Global Development
Measures based on national accounts such as GNI or GDP per capita are often misleading in assessing the well-being of the bottom half of any population by consumption or income, and of the state of development in a country defined in a broader sense to include state capability and legitimacy and social cohesion and trust.
The author explains a new perspective of analysis: The median.
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The Median as a Better Measure of Development – and Better Than the World Bank’s Shared Prosperity | Center for Global Development
Reviewed by Juan C
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Reviewed by Juan C
on
3:41 PM
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