ASSESSMENT OF EFFECTIVENESS AND EFFICIENCY OF INDUSTRIAL AND ECONOMIC ACTIVITY

• Main Author: O. A. Kalchenko
• Format: Article
• Language: Russian
• Published: Real Economy Publishing House 2014-11-01
• Series: Стратегии бизнеса
• Subjects: gross domestic product; effectiveness; efficiency; industrial and economic activity; human development index; environmental performance; social welfare; genuine progress indicator; adjusted net saving
• Online Access: https://www.strategybusiness.ru/jour/article/view/57
• ISSN: 2311-7184

Countries began to evaluate national achievements (effectiveness and efficiency) using gross domestic product (GDP) and gross national product (GNP) after the Second World War. Currently, GDP and GNP are increasingly criticized by economists and politicians in the four main aspects. The necessity to modernize approaches to systematic assessment of economic performance is evident.