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Dead Rats Can Raise GDP, Economists Have Lowered It


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BERLIN and KUALA LUMPUR, Jul 21 (IPS) – GDP has been increasingly challenged on many grounds as a measure of economic and social progress. Clearly, GDP does not take account of other dimensions of wellbeing, natural resource depletion or environmental damage.

Read the full story, “Dead Rats Can Raise GDP, Economists Have Lowered It”, on globalissues.org

BERLIN and KUALA LUMPUR, Jul 21 (IPS) – GDP has been increasingly challenged on many grounds as a measure of economic and social progress. Clearly, GDP does not take account of other dimensions of wellbeing, natural resource depletion or environmental damage.Read the full story, “Dead Rats Can Raise GDP, Economists Have Lowered It”, on globalissues.org →