Two consecutive quarters of negative GDP growth is one common definition of a recession, but other factors must be considered ...
Gross domestic product (GDP) has long been the main indicator of economic growth used almost everywhere in the world. However, the measurement does not take into account other factors essential to a ...
Economics and economic policy need a rethink. This is clear from the scale of inequality, joblessness, insecurity and environmental disasters we see in the world. People feel left behind, impoverished ...
GDP has increased”In the news, GDP (Gross Domestic Product) appears repeatedly as a key figure indicating economic growth.If ...
Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...
“Measurement theory shows that strong assumptions are required for certain statistics to provide meaningful information about reality. Measurement theory encourages people to think about the meaning ...
It’s no secret that gross domestic product, the number that serves as a measure for economic progress around the world, is hardly a barometer of human flourishing. It registers the harvest of a forest ...
For decades, Gross Domestic Product (GDP) has been used as a benchmark of society’s progress. Yet, as the GDP figures keep ticking up, so too does a profound disenchantment with the political and ...
Real Private GDP has been remarkably consistent from July 2009 at 2.84% annual growth despite multiple major events over the period including wars, the panic of Peak Oil, the COVID lockdown etc. GDP ...
Canada’s total GDP continues growing, but this national figure masks a much harsher reality for the average person. While politicians celebrate top-line expansion, per capita output has stagnated, ...
From GDP to GLP – Understanding Language as a measure of economic and societal growth. This article introduces a new concept to measure the economy and society – any academics or journalists who use ...
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