3. National income . 39 11

3. National income

(a) Estimates of gross national income

(b) The national income figures resulting from step (a) are further adjusted for low per capita national income.

This was the result of the steady decline in national income.

11. The adjustments for national income are

The information provided also included derived data, such as national income in United States dollar and average national and per capita incomes, which were compared with the averages for the statistical base period 1980 1989 underlying the 1992 1994 scale of assessments.

This would mean a direct negative shock to household spending in the US of around 5 of national income, and of around 3.5 in Europe and Asia.

That scale would be arrived at by distributing average national income weighted by per capita national income and by applying the existing floor and ceiling rates.

Current earmarkings are based on gross national income (GNI) per capita for 2001.

A more equitable approach would be to use total national income.

Income level per capita GNP in 1990

PCGNI level in line with economic reality

(a) The national income data provided by all States for the statistical period

a Low income GNI per capita of 735 and less.

MERs not replaced

The accumulation of private wealth through crime does not lead to higher national incomes.

Protestants everywhere have higher Gross National Product than Catholic countries.

We repeat the goal is only 0.7 per cent of gross national income.

With the exception of the national income and exchange rates of a few countries, the Committee accepted the data presented without change.

The only element that can be considered a transparent, equitable measure of capacity to pay is national income.

The Committee noted that no national income figures were provided by Andorra, Eritrea, Monaco and San Marino.

That, together with population growth, had caused per capita income and nutritional standards to decline.

First, the scale for 2007 2009 should be based on the most current available GNI data.

As the Committee on Contributions stated in its report, the national income concept was more sound than other income concepts for the purposes of the scale of assessments.

The delegation of Kazakhstan agreed with the Committee on Contributions that the concept of national income should be used as the basis for calculation of the scale.

And this zero hunger program costs .5 percent of GDP and has lifted many millions of people out of hunger and poverty.

It is easy to imagine each social group demanding a larger share of national income, which by definition is inflationary.

Lower middle income GNI per capita between 736 and 2,935.

c 2003 per capita GNI estimate based on United Nations Statistics Division data.

However, although GNI was the best approximation of capacity to pay, it was not the only one.

This threshold was compared with the debt adjusted per capita GNI of each Member State.

The starting point for the preparation of the scale of assessments was the measure of national income for each Member State.

He indicated that the national income of the Territory calculated per capita equalled US 28,500.

The Kenyan delegation was in favour of a shorter base period of nine years which would average out the fluctuations in national income.

25. In its discussions, it had arrived at the conclusion that the national income concept was still the soundest income concept for the purposes of the scale.

He affirmed that any attempt to replace GNI criteria must first account for the requirements of most needy countries.

If absolute rate of change of PCGNI X

National income, industrial output and capital investment continued to decline, prices and inflation rates had risen and the standard of living had substantially deteriorated.

Currently, 7 per cent of Moroccans live abroad and remittances from abroad constitute a major portion of the national income.

The usual assumption is that household consumption falls by around 0.05 for each 1 decline in household wealth. This would mean a direct negative shock to household spending in the US of around 5 of national income, and of around 3.5 in Europe and Asia.

17. Given the many ways of defining income, his delegation agreed with the Committee on Contributions that from a technical viewpoint national income was the most appropriate concept for the scale of assessments, although various alternative concepts of income should be kept under consideration.

National saving in the Nordic countries averages more than 20 of national income, compared to around 10 in the US.

The European Union has now set a clear timetable to achieve the 0.7 per cent target for aid.

72. His delegation supported the recommendations of the Committee on Contributions relating to the use of the national income concept as the basis for calculating the scale of assessments.