Chapter Zero: Macroeconomics and Well-Being. 1. GDP per capita.

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Chapter Zero: Macroeconomic s and Well- Being

Transcript of Chapter Zero: Macroeconomics and Well-Being. 1. GDP per capita.

Page 1: Chapter Zero: Macroeconomics and Well-Being. 1. GDP per capita.

Chapter Zero:

Macroeconomics and Well-Being

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1. GDP per capita

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2. Recent Growth Rate of GDP per Capita

-40 -20 0 20 40 60 80 100 120 140 160 180 200

United Arab Emirates

Italy

United States

United Kingdom

Mexico

Sweden

Brazil

Russian Federation

India

China

Azerbaijan

Growth in GDP per Capita, 2002 - 2011

1st

3rd

14th

29th

88th

110th

125th

134th

139th

163rd

173rd

Source: World Bank, World Development Indicators database. Data are adjusted for purchasing power differences.

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3. Net National Savings

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4. Government Debt

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5. Labor Productivity

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6. Average Annual Hours Worked

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7. Unemployment Rate (Percent of Total Workforce)

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22. Inflation

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9. Total Tax Revenues (Percent of GDP)

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10. Trade Balance (Percent of GDP)

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11. Income Inequality (Gini Coefficient)

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12. Absolute Poverty (Below $1 per Day)

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13. Foreign Aid (Official Development Assistance)

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14. Internet Users

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15. Educational Performance (PISA Science Test Scores)

300 350 400 450 500 550 600

Kyrgyzstan

Indonesia

Brazil

Mexico

Russian Federation

Italy

France

United States

United Kingdom

Germany

Japan

Finland

Average PISA Science Test Score, 15-year olds, 2009

1st

4th

11th

14th

20th

24th

32nd

36th

47th

50th

57th

62nd

Source: Organisation for Economic Cooperation and Development, Programme for International Student Assessment. PISA 2009 Key Findings.

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16. Life Expectancy

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17. Subjective Well-Being

0 1 2 3 4 5 6 7 8 9 10

Iraq

Ethiopia

Morocco

India

Russian Federation

China

France

United States

United Kingdom

Brazil

Norway

Colombia

Average Life Satisfaction (1=Dissatisfied, 10=Satisfied), 2005-2008 Results

1st

3rd

12th

13th

18th

32nd

35th

41st

46th

55th

57th

52nd

Source: World Values Survey, online database.

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18. Carbon Dioxide Emissions per Capita

0 5 10 15 20 25 30 35 40 45 50

Burundi

India

Brazil

Mexico

China

United Kingdom

Germany

Russian Federation

United States

Qatar

Carbon Dioxide Emissions per Capita, 2009 (metric tons per year)

1st

10th

18th

33rd

41st

61st

82nd

112th

119th

197th

Source: World Bank, World Development Indicators database.

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19. Local Air Quality (Particulate Matter Concentrations)

0 20 40 60 80 100 120 140

Equatorial Guinea

France

United Kingdom

Germany

United States

Brazil

Japan

Mexico

India

China

Sudan

Average National Particulate Matter Concentration, micrograms per cubic meter, 2010

1st

28th

38th

82nd

105th

133rd

139th

148th

162nd

168th

179th

Source: World Bank, World Development Indicators database. Data are for particulate matter smaller than 10 micrometers, referred to as PM10. For reference, the European Union pollution standard for average PM10 is 40 micrograms/cubic meter (µg/m3); California has a stricter standard of 20 µg/m3.