Sentences with phrase «gdp as a measurement»

A plentiful body of research has clearly shown the shortcomings of using GDP as a measurement of economic or social wellbeing.

Not exact matches

It quotes Kuznets, who formulated the tools to measure GDP in the US, as saying that, «the welfare of a nation can... scarcely be inferred from a measurement of national income.»

If we take a year as the unit of measurement, GDP grew almost every year.

As pointed out before on this blog, even our private, emotional lives are not beyond the reach of the state, which has grown attached to the «happiness agenda» — the idea that a government's performance is better measured by a measurement of «subjective sense of well - being» rather than economic indices such as GDAs pointed out before on this blog, even our private, emotional lives are not beyond the reach of the state, which has grown attached to the «happiness agenda» — the idea that a government's performance is better measured by a measurement of «subjective sense of well - being» rather than economic indices such as GDas GDP.

The measurements that will be discussed include the overall strength of the economy as measured by inflation - adjusted gross domestic product (GDP), the job market, the housing sector, consumer confidence, household net worth, the stock market, wage growth and inflation, Fed policy, and interest rates.