1. A better measure of standards of living: the Gross National Disposable Income Clara Capelli & Gianni Vaggi University of Pavia

2. Palestinian Territories, National Accounts (million US$, 2011 data from PCBS) See Giacaman 2013, MICAD Thesis

3. Sources System of National Accounts 2008 The System of National Accounts 2008 (2008 SNA) is the latest version of the international statistical standard for the national accounts, adopted by the United Nations Statistical Commission (UNSC). sixth edition of the Balance of Payments and International Investment Position Manual The sixth edition of the Balance of Payments and International Investment Position Manual (2009 BPM6) written in close collaboration with the IMF Committee of Balance of Payments Statistics (Committee).

4. Some definitions/1 GDP = C + I + G + (X-M) GDP = C + I + G + (X-M) (X-M) is the trade balance; GNI = GDP + NPI GNI = GDP + NPI NPI = remunerations of factors of production (capital and labour) receivable from the rest of the world – those payable to the rest of the world. GNDI = GNI + NSI = GDP + NPI + NSI GNDI = GNI + NSI = GDP + NPI + NSI NSI = current transfers (aid, remittances) receivable from the rest of the world – those payable to the rest of the world. Current Account Balance (CAB)= X-M + NPI + NSI Current Account Balance (CAB)= X-M + NPI + NSI

5. Some definitions/2 Net primary income: Net primary income: Interests and dividends (on portfolio investments); Earnings of FDIs; Rents on land and natural resources; Compensation of employees (cross-border workers). Net secondary income: Net secondary income: Personal transfers (i.e. remittances); (Current) International cooperation; Social contributions: (i.e. contributions for future pensions); Social benefits(i.e pensions).

6. GNI is often confused with the GNDI and believed to be higher than the GDP in common practice, particularly in developing countries. In 2010 UNDP replaced GDP per capita with GNI per capita in the Human Development Index

7. Gross national income (GNI) per capita replaces gross domestic product (GDP) per capita. This should be an unambiguous improvement: GNI reflects what citizens can do with income they receive, whereas that is not true of value added in goods and services produced in a country that go to someone outside it, and income earned abroad still benefits some of the nation’s citizens. As trade and remittance flows have been expanding rapidly, and as aid has been better targeted to very low-income countries, this distinction has become increasingly important (Todaro and Smith 2011:54)

8. OECD’s data on Mexico millions US$ (current PPP) http://stats.oecd.org/Index.aspx?DataSetCode=SNA_TABLE2#

9. Total net resource flows to developing countries by type of flow, 1990-2016f (Billions of Dollars Total net resource flows to developing countries by type of flow, 1990-2016f (Billions of Dollars)

10. Top remittance receivers in absolute terms (millions of US$) 2013 WB Database

11. Top remittance receivers in relative terms (millions of US$) 2013 WB Database

12. Why is the GNDI to be used? Building the HDI Index (sub-index on living standards; WB income thresholds to classify countries Calculating the ANNI (Adjusted Net National Income); Assessing Dutch Disease phenomena; The importance of NICA (Non-Interest Current Account)

13. Remittances, Trade Balance and Current Account (millions US$, % GDP)/1 2013 WB Database

14. Remittances, Trade Balance and Current Account (millions US$, % GDP)/2 2013 WB Database