2012
DOI: 10.18267/j.aop.377
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Is GDP an Appropriate Indicator of Economic Performance and Social Progress in the Context of Globalization?

Abstract: ÚvodRozsáhlá odborná diskuse týkající se otázky v titulku tohoto článku svědčí o tom, že interpretační omezení spojená s tím, jaká úloha je přisuzována ukazateli hrubý domácí produkt (primárně ukazatel vypovídající o produktivní činnosti), jsou stále význam-nějším problémem při komplexním hodnocení výkonnosti jednotlivých ekonomik -zejména v podmínkách internacionalizace a globalizace. Hrubý domácí produkt je souhrnným makroekonomickým agregátem, který zachycuje hodnotu zboží a služeb vyrobených, resp. poskytn… Show more

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“…Though this indicator is commonly used, many authors point out shortcomings of GDP, especially in the context of internationalization and globalization; e.g., it does not capture the associated environmental damage and pollution, domestic work, and changes in the quality of production, is unable to determine the values of goods provided by the public sector, does not reflect government debt and reflects market output only, while nonmarket is not taken into consideration. A phenomenon called "phantom GDP" (Anderson, 2010;Kotulič & Adamišin, 2012;Nečadová, 2012) has also been widely discussed. The problems related to GDP are also well discussed in the so-called "Stiglitz report" (Stiglitz et al, 2009).…”
Section: Materials and Research Methodologymentioning
confidence: 99%
“…Though this indicator is commonly used, many authors point out shortcomings of GDP, especially in the context of internationalization and globalization; e.g., it does not capture the associated environmental damage and pollution, domestic work, and changes in the quality of production, is unable to determine the values of goods provided by the public sector, does not reflect government debt and reflects market output only, while nonmarket is not taken into consideration. A phenomenon called "phantom GDP" (Anderson, 2010;Kotulič & Adamišin, 2012;Nečadová, 2012) has also been widely discussed. The problems related to GDP are also well discussed in the so-called "Stiglitz report" (Stiglitz et al, 2009).…”
Section: Materials and Research Methodologymentioning
confidence: 99%
“…Resources should be spent excessively, i.e., to destroy intergenerational equity. The net national product should be modified to fit the maximum sustainable value, it should allow the same level of consumption today as in the future (Nečadová, 2012;Osberg, Sharpe, 2002). With higher performance, the company will contribute more to GDP growth, which is desirable for any economy, because not only can companies improve quality, the quantity and cost aspects of their inputs, but they can act as a driving force for not only economic but also social development.…”
Section: Performance Measurement From a Macroeconomic Perspectivementioning
confidence: 99%