Diane Coyle on the Shortcomings of GDP
Listen to the brightest minds in the field of economics and development discuss their latest research and deconstruct global economic trends. IMF Podcasts are also available on digital platforms such as iTunes, SoundCloud and Libsyn, and free to use for broadcasters, educators and institutions.
Diane Coyle on the Shortcomings of GDP
December 8, 2017
Gross domestic product, or GDP, is the one statistic that almost everyone knows is used to measure economic growth. But in this podcast, economist Diane Coyle suggests GDP may be a poor measure of prosperity. With all the technological advances in recent years one would expect that economies have become more productive. But when measured in GDP the numbers show the opposite is true. Coyle refers to this phenomenon as the productivity puzzle, and says the mismeasurement of digital activities within the economy has a lot to do with it. Coyle is Professor of Economics at the University of Manchester, and spoke at the IMF Statistical forum on Measuring the Digital Economy.
Diane Coyle, Professor of Economics at the University of Manchester, and author of GDP: A Brief but Affectionate History
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
