For decades, a state's growth was measured by relying only on the production approach, or by gauging what factories, farms, and services within its borders produced. That model is now set for an ...
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India's GDP data debate: Why current methods remain robust and what will change with the 2026 base revision
Recently, some methodological issues have been raised related to coverage in National Accounts Statistics (NAS). Key issues include use of an outdated GDP base year (2011-12), periodic discrepancies ...
Samoa’s recently released GDP production estimates show the economy contracted by 1.6 per cent in the year ended June 2026, ...
What is "well-being"? Here, we do not consider happiness or overall welfare, but rather the material standard of living, ...
Forbes contributors publish independent expert analyses and insights. James Broughel is an economist focused on the economics of regulation. GDP is the total market value of all final goods and ...
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