Gross Domestic Problem
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Gross Domestic Problem
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Author : Doctor Lorenzo Fioramonti
language : en
Publisher: Zed Books Ltd.
Release Date : 2013-01-17
Gross Domestic Problem written by Doctor Lorenzo Fioramonti and has been published by Zed Books Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-17 with Business & Economics categories.
Gross domestic product is arguably the best-known statistic in the contemporary world, and certainly amongst the most powerful. It drives government policy and sets priorities in a variety of vital social fields - from schooling to healthcare. Yet for perhaps the first time since it was invented in the 1930s, this popular icon of economic growth has come to be regarded by a wide range of people as a 'problem'. After all, does our quality of life really improve when our economy grows 2 or 3 per cent? Can we continue to sacrifice the environment to safeguard a vision of the world based on the illusion of infinite economic growth? Lorenzo Fioramonti takes apart the 'content' of GDP - what it measures, what it doesn't and why - and reveals the powerful political interests that have allowed it to dominate today's economies. In doing so, he demonstrates just how little relevance GDP has to moral principles such as equity, social justice and redistribution, and shows that an alternative is possible, as evinced by the 'de-growth' movement and initiatives such as transition towns. A startling insight into the politics of a number that has come to dominate our everyday lives.
Gross Domestic Problem
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Author : Doctor Lorenzo Fioramonti
language : en
Publisher: Zed Books
Release Date : 2013-01-01
Gross Domestic Problem written by Doctor Lorenzo Fioramonti and has been published by Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-01-01 with Business & Economics categories.
Gross domestic product is arguably the best-known statistic in the contemporary world, and certainly amongst the most powerful. It drives government policy and sets priorities in a variety of vital social fields - from schooling to healthcare. Yet for perhaps the first time since it was invented in the 1930s, this popular icon of economic growth has come to be regarded by a wide range of people as a 'problem'. After all, does our quality of life really improve when our economy grows 2 or 3 per cent? Can we continue to sacrifice the environment to safeguard a vision of the world based on the illusion of infinite economic growth? Lorenzo Fioramonti takes apart the 'content' of GDP - what it measures, what it doesn't and why - and reveals the powerful political interests that have allowed it to dominate today's economies. In doing so, he demonstrates just how little relevance GDP has to moral principles such as equity, social justice and redistribution, and shows that an alternative is possible, as evinced by the 'de-growth' movement and initiatives such as transition towns. A startling insight into the politics of a number that has come to dominate our everyday lives.
Understanding The Gross Domestic Product And The Gross National Product
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Author : Corona Brezina
language : en
Publisher: The Rosen Publishing Group, Inc
Release Date : 2011-12-15
Understanding The Gross Domestic Product And The Gross National Product written by Corona Brezina and has been published by The Rosen Publishing Group, Inc this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-12-15 with Juvenile Nonfiction categories.
Explains what the gross domestic product and gross national product are, discussing their role in the global economy, economic indicators, and the limitations of the GDP.
Gross Domestic Product
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Author : PRABHU TL
language : en
Publisher: NestFame Creations Pvt Ltd.
Release Date :
Gross Domestic Product written by PRABHU TL and has been published by NestFame Creations Pvt Ltd. this book supported file pdf, txt, epub, kindle and other format this book has been release on with Business & Economics categories.
The term "Gross Domestic Product" refers to the total monetary value of all final goods and services produced (and sold on the market) within a country over a given time period (typically 1 year). The gross domestic product (GDP) is the most widely used indicator of economic activity. At the end of the 18th century, the first basic concept of GDP was developed. The modern concept was developed by American economist Simon Kuznets in 1934 and adopted as the primary indicator of a country's economy at the 1944 Bretton Woods Conference. What does the term "Gross" mean? The term "gross" (as in "Gross Domestic Product") denotes that goods are counted regardless of how they are used. A product can be consumed, invested in, or used to replace an asset. In every case, the final "sales receipt" for the product will be added to the total GDP figure. "Net," on the other hand, does not take into account products used to replace an asset (in order to offset depreciation). The term "net" only refers to products that are intended for consumption or investment. What does"Domestic" stand for? (GDP vs. GNP and GNI) Household (GDP) The term "domestic" (as in "Gross Domestic Product") denotes a geographical inclusion criterion: goods and services counted are those produced within the country's borders, regardless of the producer's nationality. The output of a German-owned factory in the United States, for example, will be counted as part of the country's GDP. Gross National Product (GNP) "National" (in "Gross National Product"), on the other hand, indicates that the inclusion criterion is based on citizenship (nationality): goods and services are counted when produced by a country's national, regardless of where the production takes place physically. In this case, the output of a German-owned factory in the United States will be counted both as part of Germany's GNP and as part of the United States' GDP. GNI Because both are based on nationality rather than geography, GNI (Gross National Income) is a metric similar to GNP. The difference is that GNI uses the income approach to calculate total value, whereas GNP uses the production approach to calculate GDP. Theoretically, GNP and GNI should produce the same result. What does the term "Product" mean? The term "product" (as in "Gross Domestic Product") refers to the final goods and services that are sold on the market.
The Little Big Number
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Author : Dirk Philipsen
language : en
Publisher: Princeton University Press
Release Date : 2015-05-26
The Little Big Number written by Dirk Philipsen and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-05-26 with Business & Economics categories.
A professor of economic history discusses why he believes the Gross Domestic Product, a measure of output, should not be the sole indicator of economic performance and outlines a way to develop smarter measurements and goals.
Hooked On Growth
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Author : Douglas E. Booth
language : en
Publisher: Rowman & Littlefield
Release Date : 2004
Hooked On Growth written by Douglas E. Booth and has been published by Rowman & Littlefield this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Business & Economics categories.
This accessible and provocative book explores whether getting 'unhooked' from economic growth to meet the needs of the environment is possible. Although giving the environment priority over growth may seem radical, the author argues that it can be accomplished using marketable emissions allowances, transferable development rights, and other tools popular with conventional economists. It can also be achieved by creating more interesting and environmentally friendly urban landscapes less beholden to the automobile. The key problem will be ensuring that everyone who wants employment can find it. This will require a transition to a shorter workweek, the wistful goal of many a harried worker. More leisure, a higher-quality environment, and more attractive cities and towns are the potential rewards of a less consumption-oriented society. Yet how can the power of special interests be overcome in the name of environmental conservation? This is the author's critical final question as he offers a clear path to a sustainable economic and environmental future.
Gross Domestic Product
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Author : Fouad Sabry
language : en
Publisher: One Billion Knowledgeable
Release Date : 2024-01-14
Gross Domestic Product written by Fouad Sabry and has been published by One Billion Knowledgeable this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-01-14 with Business & Economics categories.
What is Gross Domestic Product The term "gross domestic product" (GDP) refers to a monetary measurement that is used to determine the market worth of all of the final products and services that are produced by a country or countries within a certain time period. When attempting to evaluate the state of the economy of a particular nation, the government of that nation most frequently use the Gross Domestic Product (GDP). The fact that this measurement is both subjective and complicated means that it is frequently susceptible to revision before it can be regarded a trustworthy indication. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Gross domestic product Chapter 2: Economy of Denmark Chapter 3: Measures of national income and output Chapter 4: Purchasing power parity Chapter 5: GDP deflator Chapter 6: Bureau of Economic Analysis Chapter 7: Potential output Chapter 8: Genuine progress indicator Chapter 9: National Income and Product Accounts Chapter 10: Index of Sustainable Economic Welfare Chapter 11: Government spending Chapter 12: Gross national income Chapter 13: National accounts Chapter 14: Gross fixed capital formation Chapter 15: Intermediate consumption Chapter 16: Gross output Chapter 17: Net output Chapter 18: Gross value added Chapter 19: Income in India Chapter 20: United Kingdom National Accounts - The Blue Book Chapter 21: Economic statistics of Singapore (II) Answering the public top questions about gross domestic product. (III) Real world examples for the usage of gross domestic product in many fields. Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of gross domestic product.
The Growth Delusion
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Author : David Pilling
language : en
Publisher: Bloomsbury Publishing
Release Date : 2018-01-25
The Growth Delusion written by David Pilling and has been published by Bloomsbury Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-01-25 with Business & Economics categories.
SHORTLISTED FOR THE ORWELL PRIZE FOR POLITICAL WRITING 2019 'A near miracle' Ha-Joon Chang, author of 23 Things They Don't Tell You About Capitalism According to the economy, we have never been wealthier or happier. So why doesn't it feel that way? The Growth Delusion explores how we prioritise growth maximisation without stopping to think about the costs. So much of what is important to our well-being, from safe streets to sound minds, lies outside the purview of statistics. In a book that is both thought-provoking and entertaining, David Pilling argues that our steadfast loyalty to growth is informing misguided policies, and proposes different criteria for measuring our success.
Gdp
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Author : Diane Coyle
language : en
Publisher: Princeton University Press
Release Date : 2015-09-22
Gdp written by Diane Coyle and has been published by Princeton University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-22 with Business & Economics categories.
How GDP came to rule our lives—and why it needs to change Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013—or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008—just as the world’s financial system went into meltdown? And why was Greece’s chief statistician charged with treason in 2013 for apparently doing nothing more than trying to accurately report the size of his country’s economy? The answers to all these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. This entertaining and informative book tells the story of GDP, making sense of a statistic that appears constantly in the news, business, and politics, and that seems to rule our lives—but that hardly anyone actually understands. Diane Coyle traces the history of this artificial, abstract, complex, but exceedingly important statistic from its eighteenth- and nineteenth-century precursors through its invention in the 1940s and its postwar golden age, and then through the Great Crash up to today. The reader learns why this standard measure of the size of a country’s economy was invented, how it has changed over the decades, and what its strengths and weaknesses are. The book explains why even small changes in GDP can decide elections, influence major political decisions, and determine whether countries can keep borrowing or be thrown into recession. The book ends by making the case that GDP was a good measure for the twentieth century but is increasingly inappropriate for a twenty-first-century economy driven by innovation, services, and intangible goods.
The Financialization Of Gdp
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Author : Jacob Assa
language : en
Publisher: Taylor & Francis
Release Date : 2016-08-12
The Financialization Of Gdp written by Jacob Assa and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-12 with Business & Economics categories.
Gross Domestic Product (GDP) and other statistics based on national income accounting are ubiquitous but rarely understood today. GDP has been criticized for many reasons, including not reflecting well-being, leaving out the costs of environmental pollution, and not counting unpaid work, but on purely economic terms it has been mostly accepted as an indicator of economic performance. In recent decades, however, GDP has diverged dramatically from economic trends such as employment and median income. This book argues that GDP is flawed even as a narrow economic indicator, and traces the problem to the way financial services are measured. The first part of the book is a political history of the practice of national accounting from its beginning in the mid-17th century to present day, and explores how such income estimates were constructed for political reasons. The Financialization of GDP presents the practice of estimating national income as a historically and political contingent craft - driven by power and not only theory - culminating in the rise of the financial sector and the concomitant inclusion of financial services in GDP in 1993.. The second part of the book focuses on the treatment of financial services in national accounting and develops an adjusted measure of output (Final Domestic Product or FDP) – which treats financial revenues as intermediate inputs (or costs) to the economy as a whole. The final part of the book explores the empirical and policy implications of treating finance as an overall cost to the economy. This volume shows that the Great Moderation of volatility was a statistical artefact; Okun’s Law (relating changes in output and unemployment) never died, and even provides early signs for the Great Recession which analysts using standard GDP did not see. This book is of great interest to those who study political economy and macroeconomics.