Capita
in sentence
1261 examples of Capita in a sentence
Countries with per
capita
incomes close to the current Russian level sustain democracy for 15-20 years on average.
In the last eight years per
capita
GDP has increased, on average, by 3.2% per year in America, 2% in Europe, and only 1.2% in Italy.
GDP per
capita
(that is, GDP divided by the total population) depends on two factors: the productivity of those who work (that is, GDP divided by the number of people employed), and the number of people who work as a proportion of the population.
In order for an increase in the productivity of those who work to result in a growth of GDP per
capita
it is necessary that productivity growth not be not nullified by a simultaneous reduction in the number, and thus the proportion, of those who work.
School revenues slumped, and from 1974 to 1979, California fell from ninth place to 44th among the 50 US states in per
capita
spending on public high schools, with California’s students soon slipping down the rankings as well.
For example, the US consumes more than nine times as much oil as China on a per
capita
basis.
Ultimately, emerging economies’ absolute size and rate of growth both matter in charting commodity demand and the future trajectory of global commodity prices, with per
capita
income clearly linked to consumers’ wealth.
One step up the standard deviation score on the OECD’s Program for International Student Assessment is associated with a 2% increase in a country’s long-run per
capita
growth rate.
Yet the population of the Guangdong-Hong Kong-Macau Greater Bay Area is growing fast, and its GDP per
capita
is less than half that of Tokyo, suggesting that its potential is nowhere near depleted.
As market reforms have brought substantial prosperity (average annual per
capita
GDP, at purchasing power parity, is now $17,000), a large middle class, based mostly in small and medium-size companies and the service sector, developed beyond the reach of the state-owned behemoths.
We are currently in discussions with 20 possible contributors, underscoring the message that if we achieve universal education, per
capita
GDP in the poorest countries will be almost 70% higher by 2050 than if current trends continued.
Unemployment has virtually disappeared; the employment rate continues to reach new highs; and disposable income per
capita
is rising steadily.
In fact, even during Japan’s so-called “lost decades,” per
capita
income grew by as much as it did in the United States and Europe, and the employment rate rose, suggesting that deflation may not be quite as nefarious as central bankers seem to believe.
Between 1980 and 2002, average annual per
capita
income growth in the rich world (defined as the “old” OECD members) was almost 2%, compared to just 0.1% in the 42 least developed countries.
But, leaving aside some oil exporters and the city-states of Hong Kong and Singapore, only three countries – Japan, South Korea, and Taiwan – have come from far behind to achieve per
capita
GDP of at least 70% of the developed-country average over the last 60 years.
When those countries’ per
capita
GDP stood at current Chinese levels, real estate played only a minor role in their economies; indeed, the sector was often deliberately starved of credit.
True, total capital stock per
capita
in China still lags far behind that of developed countries.
But a recent International Monetary Fund report reveals the startling fact that China has now surpassed Japan and South Korea in square meters of housing per capita, having reached a level near – or, in some smaller cities, well above – the European average.
And the CPC’s single-minded focus on spurring GDP growth over the last few decades has delivered an “economic miracle,” with nominal per
capita
income skyrocketing from $333 in 1991 to $7,329 last year.
Of course, because China’s population is more than four times larger, its per
capita
GDP, at $12,900, is still less than a quarter of the $54,700 recorded in the US, which highlights America’s much higher living standards.
It is projected that the TTIP would raise annual per
capita
income in Germany by 1-3%, or €300-1,000 per year by 2035.
But there are persuasive reasons why these countries insist that the obligations must instead reflect per
capita
emissions, a criterion that would require far greater emission cuts by the US than its leaders now contemplate.
Besides, these countries correctly argue that the tradeoff between action on climate change and poverty reduction is more compelling for them at their level of per
capita
income, unless they can access newly emerging technologies at low cost.
In the 1950s, a war-ravaged South Korea had Asia’s third-lowest per
capita
income, highest inflation, and slowest rate of growth.
In the McKinsey Global Institute’s recent review of the per
capita
GDP growth of 71 emerging economies, 18 stood out.
In seven – China, Hong Kong, Indonesia, Malaysia, Singapore, South Korea, and Thailand – per
capita
GDP grew by at least 3.5% annually over the half-century from 1965 to 2016.
The other 11 high performers tend to get less attention, as their per
capita
GDP growth began to accelerate more recently.
Yet Azerbaijan, Belarus, Cambodia, Ethiopia, India, Kazakhstan, Laos, Myanmar, Turkmenistan, Uzbekistan, and Vietnam all achieved per
capita
GDP growth of at least 5% for 20 years, from 1996 to 2016.
The old manufacturing model, which fueled an unprecedented 20-fold increase in per
capita
income relative to the early 1990’s, also sowed the seeds of excessive resource consumption and environmental degradation.
But the rankings change if you make output per
capita
(a better measure of a country's economic well-being) the standard: here the US comes first, and France and Germany drop, respectively, to 16th and 11th place.
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