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GDP measurements totally miss digital economy

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GDP measurements totally miss digital economy

http://m.smartplanet.com/blog/bulletin/gdp-measurements-totally-miss-digital-economy/17212

“For decades, the measure of a country or region’s economic vitality has been the output of gross domestic product, or GDP.  Lately, however, economists and other informed observers have been questioning the accuracy of GDP — as it tends to be based on industrial measures, and misses the ever-expanding mass of digital activity. ”

Stephen

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Posted on: April 25, 2013, 7:17 am Category: Uncategorized

By: Stephen Abram

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