Nowadays, it is a subject that has been deeply touched by the belief or fallacy in today's

society of thinking that if a country has a high GDP, it means that it is the best of all and
its countries is highly developed and with high economic growth.
While it is true we can say that economic growth is high because it is positive and in
some cases it may be that the countries stands out in the region where it is located. But
this does not imply a population development, this occurs in the cases of the Latin
American countries, which mostly presents a high GDP like Peru or Bolivia, since these
countries present high export and productivity in raw material, but the does having a
high index mean that its development is high? At present, it could be shown that no, we
see that these two countries present one of the high percentages with respect to the
growth of GDP in the region. In spite of this, the right of the population is very deficient
either in the matter of alphabetization such as Peru, which occupies the last places in
reading comprehension and in mathematical reasoning just like Bolivia. Not only that,
but also a deficient and ineffective distribution of the public budget, which is not
focused on the vital aspects of the population, whether it be issues of security, education
and health, issues that are very much addressed in third world countries.
This shows that a high GDP does not mean a high population development, the GDP
only demonstrates an export work and managerial management of several companies,
which obtain higher profits and obviously benefits the country. But this does not mean a
development.
This is where there are several opinions regarding the GDP worldwide and how it
should be handled by the state, the body in charge of managing it. Jean-Philippe Cotis,
head of Insee, the statistics agency of France and member of a commission, says that the
big task is to try to reduce the gaps between the objective measures of economic
production and the subjective perceptions of well-being.
"GDP was originally thought of as a measure of production and economic activity. It
was never to measure well-being. That is beyond the reach of the statistician, "he says.
Mr. Cotis suggests that focusing on average income instead of average income could
help clarify who benefits and who does not benefit from economic growth.
In summary, we can say, the GDP is a number, although it is true the fact that it is
positive, it reflects something good of the economy of any country, this does not reflect
the social development. Countries like Germany may have less GDP than countries like
Peru or Bolivia, but their social development is very high, whether it has better
universities and better health centers, in addition to a higher scientific development.
Although this does not reflect the development, it should not be neglected given the fact
that a GDP below 0, would demonstrate certain economic deficiencies whether the fact
that exports or production is low that in some cases may cause unemployment or slight
inflation .