Our economy works much like the game of passing the parcel, a favourite party game of children in which a gift wrapped in covers passes through different hands to the tune of music. In our economy ...

E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...

As you all know, Gross Domestic Product (GDP) is an important economic term that is used to represent the final value of goods and services produced within a country’s borders in a specific period of ...

China has changed its method of calculating the country's GDP, a move that is in line with international standards and is not an attempt to jazz up growth figures, the National Bureau of Statistics ...

Gross Domestic Product or GDP represents the total value of all the final goods and services that are produced within a country's borders within a particular time period, typically a year or a quarter ...

Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method. There are three methods of computation of national income namely, ...

National Bureau of Statistics of China (NBS) released China ’s Gross Domestic Product (GDP) by production approach of the economic census year 2004 on December 20, 2005. GDP accounted by production ...