Diane Coyle’s new book, GDP: A Brief But Affectionate History, is a timely contribution to discussions of modern economic performance. She argues that Gross Domestic Product increasingly ...

A major methodological shift will be the adoption of double deflation across all sectors, a practice recommended by the IMF.

With “value added” methods of measuring student-learning gains continuing to grow in popularity, policymakers and researchers met here last week to explore possible new ways of using the sometimes ...

Paul Allin is a member of the UK National Statistician's Expert User Advisory Committee and he is the Royal Statistical Society's Honorary Officer for National Statistics. Views expressed in this ...

But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...

Learn to use the rule of 70 to estimate how long it takes for a country’s GDP to double, aiding in understanding economic growth and investment potential.