Particularly when economists tout the benefits of increasing growth rate of GDP
and other such economic indicators, we should try to decipher these numbers first before moving onto a blind celebration of such achievements and policy prescriptions.
5 percent of GDP
according to the OECD, while Lebanon's amount to 0.
Malaysia has the third highest GDP
per capita with $9,502.
A critique of GDP
as an indicator of social wellbeing
Coyle argues that one of the most consequential defects of modern GDP
is the metric's inability to account for innovation.
The production side of GDP
is defined to be Output minus Input.
Kuwait is a small, relatively open economy and its citizens enjoy a per capita GDP
(PPP) of $73,246.
On the other hand, Pakistan's performance over the last two decades is negatively correlated to GDP
growth, which indicates the presence of a parallel, yet vibrant and large undocumented economy.
61 percentage point to real GDP
growth for the nation's metropolitan areas in 2014.
2% of its GDP
towards the bailouts of other troubled countries (Greece, Ireland, Portugal) before it also entered an adjustment programme.
You can infer from these graphs that in 1980, India's GDP
BRUSSELS, July 23 (KUNA) -- In the first quarter of 2014, general government deficit to GDP
ratio stood at 2.