The world needs to move towards an approach to measure well-being rather than economic growth. Here’s how that can happen. Gross domestic product (GDP) was never designed to be a measure of societal ...

Last week’s United Nations General Assembly, held in New York City, generated no shortage of headlines. But one notable policy initiative from the world body was not discussed by world leaders when it ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final transactions, so all the goods or services bought and ...

Governments sometimes get themselves into trouble with too much debt. Early economist Adam Smith devoted the last chapter of his famous Wealth of Nations (1776) to the topic of sovereign default. “The ...

There's one statistic that rules them all when it comes to keeping track of the economy: gross domestic product (GDP). It's the sum of all final... Can we just change how we measure GDP? There's one ...

The following information was released by the Federal Reserve Bank of Atlanta: The growth rate of real gross domestic product (GDP) measured by the US Bureau of Economic Analysis (BEA) is a key metric ...

Leaders want natural wealth included in GDP calculations Many African nations face high financing costs, big gaps Critics say recalculating GDP won't raise capacity to pay DAR ES SALAAM, Feb 3 ...

The much-anticipated report on the nation’s economy released Wednesday showed that the U.S. economy shrank during the first three months of the year — offering the first window into the widespread ...