On September 21st Charlie Rose interviewed the finance minister of India, P Chidambaram. I realized to late that I should be recording this interview. Chidambaram explained GDP and GDP per capita. He explained to Charlie that India will become the 3rd or 4th largest economy in the world but it will not have the GDP per capita of U.S.
Also he talked about Purchasing power parity when Charlie brought up cost of living.
This interview followed the outline in Colander Macroeconomics textbook.
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