We need societal therapy to overcome our addiction to GDP – Inside track
This post is by Professor Robert Costanza of the Institute for Global Prosperity at University College London. Societies, like individuals, ...
Read moreDetailsTag: GDP
US debt could explode above 200% of GDP in two decades if Trump’s tax cuts become permanent, CBO says — putting it at unsustainable levels todayheadline
The nonpartisan Congressional Budget Office estimated what the impact would be if the Tax Cuts and Jobs Act was made permanent. ...
Read moreDetailsSri Lanka GDP grows 5.4-pct in 4Q, full year 5.0-pct in low inflation todayheadline
ECONOMYNEXT – Sri Lanka stocks continued to slide further, data on its site showed. The broader ASPI closed down 1.63 ...
Read moreDetailsLast year, GDP expanded by 2.8% and the private sector added 1.5 million jobs—but Trump’s Treasury secretary claims that growth was ‘brittle underneath’ todayheadline
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Read moreDetailsGovernment spending could be separated from GDP reports—doing so could distort a fundamental measure of the U.S. economy’s health todayheadline
Government spending is traditionally included in the GDP because changes in taxes, spending, deficits and regulations by the government can ...
Read moreDetailsThe US economy has suddenly been thrown into reverse as key GDP indicator flashes stunning negative forecast todayheadline
The Atlanta Fed's GDP tracker now indicates the economy is headed for a 1.5% contraction in the first quarter, after ...
Read moreDetailsIndia’s Oct-Dec GDP growth seen stronger on improved rural demand, government spending todayheadline
India's economic growth is expected to have picked-up in the October to December quarter as rural consumption improved following a ...
Read moreDetailsSri Lanka debt to GDP outperforms IMF DSA as high inflation target missed todayheadline
ECONOMYNEXT – Sri Lanka has outperformed a debt to GDP ratio target in an International Monetary Fund as the central ...
Read moreDetailsIndia’s GDP growth likely to improve to 6.2 pc in Q3FY25 from 5.4 pc in Q2FY25: Union Bank of India todayheadline
India's economic growth is expected to pick up momentum in the third quarter of the financial year 2024-25 (Q3FY25), with ...
Read moreDetailsSri Lanka expects 1.2-pct of GDP in taxes from vehicle imports todayheadline
ECONOMYNEXT – Removing the current simplified value added tax (SVAT) system for export factories, without clear well-tested alternative could create ...
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