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Alternatives to the GDP as the Measurement of Development
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Economic Theories research papers
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This
5 page report discusses the fact that the gross domestic product
(GDP) is not one of the more complicated of the many contemporary
economic indicators. It is simply a measure of the total
production and consumption of goods and services in any economy.
Such simplicity is both its strength and its weakness in
measuring development in an economy. Because of its
straight-forward nature, it is generally used as one of the most
accurate descriptors of a nation’s economic health. However, it
does not necessarily provide the most in-depth or focused
information. Bibliography lists 9 sources.
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Pages:
5
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Filename:D0_BWgdpcap.wps |
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Paper Title:
Alternatives to the GDP as the Measurement of Development
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