GDP

RECENT POSTS

Why it’s so difficult to measure progress and well-being in Africa | 

Money
Flickr, epSos.de

Gross domestic product (GDP) is the magical term often used to described the economic growth of a country.

Governments, experts and news reports point to it as a measure of progress. In development, a field often dominated by economists, GDP is all but an obligatory part of the discussion when it comes to country level progress.

The problem is many other experts say GDP is actually not very good at measuring either progress or development. Continue reading

Forbes: Corporation annual revenues compared to national GDPs | 

Have you ever wondered how the annual revenue of some of the mega-corporations compares to the Gross Domestic Product of a country?

Well, thanks to Forbes magazine and the Global Policy Forum, you now have to wonder no longer. Here’s a link to their comparison chart, which I have captured only a part of below:

Global Policy Forum, Forbes

Comparing corporate revenues to GDPs