Exact(1)
Some previous studies have used the rate of GDP growth over a specified period rather than GDP itself as a measure of economic performance (e.g. [8]), but we believe that as a measure of very long-term economic success, GDP itself is more informative (see [5], [14]).
Similar(59)
Start with the economy, apparently a huge success, with GDP per head more than doubling during AK's time in office.
Of them, the most fun and exciting may be Bhutan, a constitutional democratic monarchy that measures its success not by GDP (Gross Domestic Product) but by GNH (Gross National Happiness).
I hope that the situation will improve because we've had a huge economic success... our GDP is growing every year".
Unlike traditional economic measures of success, focused on GDP, utility, income, assets or other monetary measures, the capabilities approach focuses on what individuals are able to do.
Over the last 30 years, a politically-driven programme of economic liberalisation has tied economic success (as measured by GDP growth) to growing inequality.
We tend to quantify a nation's success with measures like GDP, life expectancy and employment rates.
Right now we largely judge our success based on growth in GDP.
GDPs monitored the success or failure of the restorations using their usual clinical criteria as to whether a restoration required a further intervention, such as repair, replacement or if the tooth required pulp therapy or extraction.
Simon Wren-Lewis, writing about Latvia, is more caustic: An extraordinary success story: after an 18% decline in GDP in 2009, and flat GDP in 2010, we now have 5.5% growth in 2011.
Investment in long-term assets is expected to improve productivity and economic success, but it fell from 18% of GDP in 2007 to 14% of GDP in 2012.
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