Thursday, October 07, 2010

C Games: Looking at medal ranking anew

Here is something for those who want to crunch numbers.


A fresh look at the medal ranking system for the Commonwealth Games, an athletic competition held every four years, much like the Olympics, among countries that were once under the British rule.



A new medal ranking system model that deviates from the traditional medal ranking system was devised so that low-income countries with meager resources can be evaluated fairly against high-income countries.
That means to say, 'small' countries like Sri Lanka can be pitted against 'giants' like India.


That makes sense since 'large' countries have huge resources--people and money--to train athletes and bring home the bacon.


The proponents of this new ranking system put medal values to gold, silver, and bronze to 12, 5, and 2. The sum medal value is divided by the gross domestic product (a measure of wealth) to establish each country's rank.


In the traditional system, Australia, India, and England rank number one, two, and three, respectively. In the new system, the Isle of Man, Singapore, and Australia top the list.


See below how it looks like against the traditional ranking system.

2010 Commonwealth Games: GDP Adjusted Ranking after Day 3


Rank PtsGDPMedalsGoldSilverBronze
PositionNation(MV/GDP)(US$Tn)Value(12pts)(5pts)(2pts)








1.Isle of Man7070.0032001
2.Singapore3790.17767511
3.Australia3550.997354221410
4.Malaysia3510.19167353
5.New Zealand3390.11840065
6.Scotland1470.18427115
7.India1311.2361629102
8.South Africa1250.28736221
9.Wales1230.10613014
10.Nigeria1100.17319111
11.Trinidad1000.0202001
12.England651.818119597
13.Sri Lanka490.0412001
14.Canada281.33638207
15.Bangladesh210.0952001



Source: http://www.flagandmap.com/famcore/cwg2010-gdpadj-ranking
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