The outgoing GDP series, adopted in 2015, led to controversy. But, even with the new series, questions arise about the data and rising 'discrepancies', which officially capture the gap in calculations ...

Figures for the level and rate of growth of gross domestic product (GDP) are quoted ubiquitously, including in this magazine. They are widely agreed to tell us something of importance. But there is a ...

SK Group Chairman Chey Tae-won called for a new growth model centered on social value to address Korea's low-growth economy ...

The GDP revision improves measurement, says former chief statistician Pronab Sen, but raises questions on double deflation, consumption surge and fiscal maths ...

SK Group Chairman Chey Tae-won has argued that the concept of growth itself must be redefined, proposing a “social value-based growth model” as a breakthrough for South Korea’s low-growth economy.

There is a welcome conversation happening in our party right now about the limits of GDP as a measure of success. As our Thriving Economy working group develops the policies that will take us into the ...

India is set to adopt a new GDP series with 2022-23 as the base year, replacing the 2011-12 series currently in use. While base revisions are a routine statistical exercise, this update comes after a ...

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 ...

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 ...

MOSCOW, March 6 (Reuters) - The city of Moscow, Russia's wealthiest federal unit, will cut its large investment programme for ...