Birdwatch Note Rating
2023-07-21 13:03:39 UTC - SOMEWHAT_HELPFUL
Rated by Participant: BFB280BA10A1F118DDA6BE1C207B601D5579588F1F9CE1F0C58428D4EBD11FB0
Participant Details
Original Note:
Nominal GDP distorts the actual gross domestic product of developing countries,once they have weaker and volatile currencies, prejudicing their overall GDP The best source to GDP is GDP by power purchase parity (this one considers the country living cost and fixes distortions) https://www.imf.org/en/Publications/fandd/issues/Series/Back-to-Basics/Purchasing-Power-Parity-PPP#:~:text=Advantages%20of%20PPP%3A%20A%20main,in%20individual%20countries%20are%20stable.
All Note Details