GDP : a brief but affectionate history / Diane Coyle.
Material type: TextPublication details: Princeton, NJ : Princeton University Press, 2015.Edition: Rev. and expanded editionDescription: ix, 167p. ; 22cmContent type:- text
- unmediated
- volume
- 9780691169859 (pbk. : alk. paper)
- 339.3109 COY 22
Item type | Current library | Call number | Status | Date due | Barcode | Item holds | |
---|---|---|---|---|---|---|---|
Book | Jammu | 339.31 COY (Browse shelf(Opens below)) | Available | IIMLJ-4999 |
Why did the size of the U.S. economy increase by 3 percent on one day in mid-2013 - or Ghana's balloon by 60 percent overnight in 2010? Why did the U.K. financial industry show its fastest expansion ever at the end of 2008 - just as the world's financial system went into meltdown? The answers to these questions lie in the way we define and measure national economies around the world: Gross Domestic Product. The author traces the history of this artificial, abstract, complex, but exceedingly important statistic. She tells the story of GDP and makes the case that it is increasingly inappropriate for a twenty-first century economy driven by innovation, service and intangible goods.
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