Seriously. How are you feeling about your economic situation? Because the unemployment rate is still near generational lows, inflation is down to 3.2%, and gross domestic product, or GDP, grew at a ...
Learn gross value added (GVA), including how it measures the economic contribution of different entities by evaluating their ...
“We must place true value on the environment and go beyond gross domestic product as a measure of human progress and well-being,” said United Nations secretary-general Antonio Guterres in June at ...
The United Nations wants scientists to help design indicators of progress that go beyond GDP. Researchers should seize the chance and be aware of past failures.
It’s an odd quirk of history that, on the first day of his ill-fated presidential campaign in March 1968, Robert F Kennedy chose to talk to his audience about the limitations of gross domestic product ...
Explore the Genuine Progress Indicator (GPI), a holistic measure that contrasts with GDP by incorporating environmental and ...
This Economic Letter discusses a topic that at first glance appears to be boring and technical but that in fact turns out to be quite important: the proper interpretation of chain-weighted data. To ...
India’s economic growth comes into focus at 4 PM on Friday as the Ministry of Statistics and Programme Implementation (MoSPI) ...
GDP growth is up. Time to celebrate! Then GDP growth is down again. Time to panic? These gyrations aren’t uncommon, and we have just been through one. A few weeks ago, President Biden boasted about ...
This last piece in a 5-article series, adapted from a speech I gave at a BritishAmerican Business virtual conference in September, suggests that while GDP has served a useful purpose in terms of ...
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