Re:Percent of population with a college degree, by country
by ruslan on Sunday March 30, 2008 @09:36PM
(#150613)
GDP havily depends on population itself. With its 1B of under-paid ppl, China has a lof of workers who produce VALUE, hence increase GDP. You know what was the greatest achievement of Chinese communist government ? It was the idea to let their ppl work and get paid for their work. The rest was done en masse :-).
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Re:Percent of population with a college degree, by country
by rokhayakebe on Sunday March 30, 2008 @09:53PM
(#150624)
GDP per capita has the same denominator as the graph: it is the populatin itself, which is why i did not bother looking at the GDP only but the per capita.
Re:Percent of population with a college degree, by country
by ruslan on Sunday March 30, 2008 @10:47PM
(#150665)
Yes, but have you heard about gravitational collapse ? I think something similar is happining in China's economics when more workers produce more value, hence attract more capital and so on.