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Discover 1 opportunities in gpi

1
    • New Metrics Needed
    • Posted 5 years ago

    Is it time to bin GDP?

    Gross Domestic Product, or GDP, is the market value of all goods and services that a country produces in a given year, adjusted - to make it comparable to previous years - for inflation. In many ways, though, it's transcended this rather prosaic definition. It's become the barometer of a country’s progress, an indicator of a land’s prosperity, and the ultimate yardstick for assessing living standards. When growing (at expected rates), politicians refer to it as proof of the success of their policies. And when rates are not met, or, god forbid, GDP growth slows, it’s weaponised by those for whom it’s politically expedient. It has the power to both elect governments and bring them crashing down. In the theatre of politics, rarely is it anywhere but centre stage.

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Head of Research Department IDOS combined with Professorship in Development Economics and Sustainability Policy (f/m/d)
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International PhD in Economics in Japan. Coursework conducted entirely in English. Scholarships available.
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Full Professorship (W3) in Applied Economics
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Forecasting for Banking Using Time Series Methods
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