this post was submitted on 07 May 2024
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Why does China and USSR use GNP/GNI/ВНП instead of GDP as a measure of wealth? (hexbear.net)
submitted 8 months ago by What_Religion_R_They@hexbear.net to c/askchapo@hexbear.net
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I hear it used a lot in old USSR programs, in texts by Chinese marxists and even in old citations of Deng Xiaoping. Specifically per capita. What makes this the metric they reach for, instead of GDP, which is more famous.

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[–] What_Religion_R_They@hexbear.net 23 points 8 months ago* (last edited 8 months ago)

For the USSR, the difference between GNP and GDP compared to GDP was insignificant. The USSR built enterprises in many countries, but these were mainly enterprises from these countries. One of the exceptions is Vietsovpetro.

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