Re: When VN becomes a real Tiger?

[Nguyen Tuan Trung <nttrung@alfa.mimuw.edu.pl>]

Thanh Tung Truong wrote:


> 1. The GDP figure is only an imperfect measurement for the strength and the
> potential of an economy.
> Important factors such as enviromental conditions, intellectual potential,
> social security, buying power or the amount of peoples leisure time remain
> unreflected in GDP figures.

Sure, I agree that it's far from perfect. But, like democracy, nothing
better has yet been invented.


> 3. Income per capita cannot be used to measure peoples' wealth and
> happiness. 

For hapiness your statement may be true, but IMO there exists a very
strong corelation between a country's IPC and the commonly understood
wealth of its people. IPC may not be used to exactly mesure, but it
definetly reflects the living standard of a country. Can you cite
a country with hight IPC and poor people or vice versa. I mean
poor and rich in the material sense of course.


> The Vietnamese people can live with a modest income per capita if they
> don't repeat the mistake others have been making.

Sure we CAN. But do we HAVE to ?

Best
Trung