Opinion
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In defence of GDP, the much-maligned measure of growth

GDP doesn’t measure what we should care about, say critics. Is that true?
The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...
MOSCOW, March 6 (Reuters) - The city of Moscow, Russia's wealthiest federal unit, will cut its large investment programme for ...
Recent changes in India’s GDP estimation promise a clearer view of the economy’s performance. Services dominate, but shifts in the shares of agriculture and manufacturing demand closer scrutiny for us ...
My concern is that, although everything is expressed in monetary terms, you are effectively combining values that have been ...
India's economy is showing strong growth, exceeding expectations. New GDP figures reveal a shift towards employment-rich sectors like manufacturing. This revised data offers a clearer picture of ...
Antonio Guterres, the secretary general of the United Nations, wants to change the way economic growth is calculated and has set up a high-level working group of distinguished economists, including ...
The sector accounts for a whopping 20% of GDP, but its harmful effects loom over this small nation of 3.8 million. High housing prices are leading the government to limit short-term rentals, while Dub ...
After a decade, the GDP series is undergoing a revision. Some of the proposed changes will make for a more accurate reading of the economy but the shortcomings of the deflator will remain ...
India’s aim to raise manufacturing’s share to 25% of GDP will depend on the design of factories and the people who run them ...
U.S. markets stay relatively resilient despite Middle East tensions and rising oil prices, but consumers are feeling the pressure. Learn more.
Goldman Sachs reports that despite massive hype, AI had a minimal impact on 2023 US GDP. Explore why the economic boost is ...