Here is supposedly the US's trend:

http://www.sustainmississauga.com/n...tos/figure1.jpg

Similar to the UK one...

quote:

Originally posted by St_Andrew Sure, as messure of a country's productivity then it is the best messurment. But private consumption is included in both ones, so the people of a country doesnt necisairly get higher wealth if the GDP is higher, but they do if the GNP is increasing, since GDP can increase simply by foregn investment, money that later go back to another country instead to their own country hence getting less money in this country that still is getting a higher GDP. sounds confusing get my point? But if the difference is only 0.1% then i guess there is not much to argue about

I believe that's incorrect. GNP excludes inter-country income transfers which results in only accounting for a product generated from a terrirotry rather than the incomes received in it.

___________________
Retro ...

quote:

Originally posted by occrider I believe that's incorrect. GNP excludes inter-country income transfers which results in only accounting for a product generated from a terrirotry rather than the incomes received in it.

Hmm you are probably correct. im going to check my textbook again!

quote:

Originally posted by occrider I believe that's incorrect. GNP excludes inter-country income transfers which results in only accounting for a product generated from a terrirotry rather than the incomes received in it.

quote:

Gross National Income From Wikipedia, the free encyclopedia. (Redirected from GNI) Previously known as Gross National Product, Gross National Income comprises the total value of goods and services produced within a country (i.e. its Gross Domestic Product), together with its income received from other countries (notably interest and dividends), less similar payments made to other countries. For example, if a British-owned company operating in another country sends some of their incomes (profits) back to UK, UK’s GNI is enhanced. Similarly, a British production unit of an American company sending profit to America will reduce UK’s affect British's GNI but will not reduce it since it is not included in the first place. http://en.wikipedia.org/wiki/GNI

GNI = W + R + I + P + D + IT

http://hrsbstaff.ednet.ns.ca/mcalli...xplanations.htm