Economists’ view

There is a man of around 40. He is either a salaried employee or a small business owner. He lives in a family with both of his old parents, his wife and his kids. One day suddenly one of his parents becomes seriously ill. He runs to a private hospital for better treatment. His parent has been admitted there but day by day his condition decreases. He has gone into comma. After a couple of months his parent ultimately succumbs to death. By then, despite the moderate health insurance (the coverage will be grasped by the private
hospital within a week) his parent had, the hospital has squeezed him financially to that extent that it will take a decade to recover. Physically, mentally or financially he is now like the empty toothpaste tube of a lower-middleclass family. Everybody feels sorry for him save the economist, for the incident raises the GDP (Gross Domestic Product).

Hence friends don’t rely much on these  jargons: GDP, GNP, Per Capita Income etc. Peoples’ illness may increase the GDP. Pakistan’s per capita income is much higher than India. It does not necessarily mean that Pakistan is economically better country than India.