LIMITATIONS OF THE GDP AS A MEASURE OF PROGRESS AND WELL-BEING
The subject of this paper is the gross domestic product that has become a universal measure of progress and well-being. However, its usage for this purpose is inadequate, inappropriate and wrong since this economic measure does not reflect anything more than productivity. Moreover, it was never desi...
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Format: | Article |
Language: | English |
Published: |
Faculty of Economics in Osijek
2016-06-01
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Series: | Ekonomski Vjesnik |
Subjects: | |
Online Access: | http://hrcak.srce.hr/file/237433 |