A Debate on GDP, Wealth and Economy

By Senthil Ratnasabapathy The discussion is on, again. It is all about whether or not the Gross Domestic Product (GDP) correctly reflects the status of the economy and wealth of a country. The latest discussion began after some European countries, following a directive by the European Union, started counting revenues through sex trade, drugs and contraband items such as tobacco. The EU … [Read more...]