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Understanding the Gross Domestic Product and the Gross National Product
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.
Understanding the Gross Domestic Product and the Gross National Product
If an economist were asked to sum up a nations entire economy in a single statistic, he or she would probably cite the Gross Domestic Product (GDP). Another important measure is the Gross National Product (GNP), which differs from the GDP in a number of ways. Together the GDP and GNP are perhaps the most important of all economic indicators, and for this reason it is essential that students understand what they are, how they are calculated, and what real-world economic realities they reflect and predict. Understanding the GDP and GNP is crucial to understanding the current economy and its effects on teens, their families, and their towns. This book provides an invaluable key to that understanding.
Are GDP/GNP appropriate measures of development?
Seminar paper from the year 2005 in the subject Politics - Topic: Development Politics, grade: 2.0, Friedrich-Alexander University Erlangen-Nuremberg (Institut für Politische Wissenschaft), course: Introduction to Development Studies, language: English, abstract: One of the most important questions of development politics is what development actually means and how you can measure it. Although nobody will seriously dispute the fact that development has an important political dimension it is usually the economy which is in the focus of multinational organizations as for example the IMF or the Worldbank. The most important indicator for economic prosperity is the Gross Domestic Product (GDP) r...
You Can't Eat Gnp
An eye-opening look at the ecological foundations of prosperity.
