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 ...
Discover how GDP influences living standards and explore alternative measures for a comprehensive view of economic well-being ...
A senior Labour shadow minister has suggested that the party could adopt a radically different approach to measuring the health of the economy, amid growing pressure worldwide to ditch GDP as a ...
Explore how aggregate demand and GDP connect and differ, using insights from Keynesian economics to understand macroeconomic ...
Most measures of economic performance used by government officials to inform their policies and decisions are based on gross-domestic-product figures. But concerns have long been raised that GDP-based ...
Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...
Backed by the UN trade and development agency, UNCTAD and other partners, the “Beyond GDP” initiative acknowledges a warning from Secretary-General Antonio Guterres that global policy making is ...
We spend a large and growing share of our waking lives online, but digital goods and services go largely uncounted in the GDP because that measure is based on what people pay for goods and services.
Ranking the world's "richest country" purely depends upon perspective as different methods yield varying results.
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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