Today, the United Nations Human Rights Council held a session exploring reforms of global economic rules to better align with human rights. Specifically, experts discussed developing indicators to ...
Real gross domestic product (GDP) is an inflation-adjusted measure that reflects the value of all goods and services produced by an economy in a given year. Real GDP is expressed in base-year prices.
Though growth in GDP can be a useful measure of economic activity, growth itself does not always bring better outcomes in terms of poverty, health or jobs. GDP growth can even worsen health status ...
Gross Domestic Product (GDP) is an economic indicator that focuses on the value of goods and services a country produces. Gross National Income (GNI) includes production figures as well as the ...
Not all productive activity is included in GDP. For example, unpaid work (such as that performed in the home or by volunteers) and black-market activities are not included because they are difficult ...
The govt intends to develop a framework to comprehensively capture the impact of knowledge on economic and social life in the ...
Ministry of Statistics and Programme Implementation will form a technical committee to evaluate the proposal and provide ...
Nominal GDP: This measures GDP at current market prices, without adjusting for inflation. It can sometimes exaggerate growth because it includes rising prices. For example, if grocery prices increase, ...
The writer has served as Chief Economic Adviser to GoI and is Professor at the Indian School of Business Doubts are often raised by some economists over the veracity of India’s GDP estimates.
‘Beyond GDP’ Alignment: The PPI aligns with the Beyond GDP movement, showcasing how growth and innovation increasingly ...
GDP stands for gross domestic product, and is a measure of all the economic activity of companies, governments and people in a country. In the UK, the Office of National Statistics (ONS ...