Tag: GDP accounting
Can “Natural Capital Accounting” Come of Age in Africa?
By Patrick Bond. In early June, a University of Pretoria conference at the Governance Innovation Centre [2], keynoted by Indian eco-feminist Vandana Shiva, contemplated how to go “beyond GDP.” The current …
GDP accounting and critiques
Definition and methods Macroeconomic accounting establishes the size of the economy by measuring the Gross Domestic Product. It is called ‘gross’, because the depreciation and amortisation of capital (deduction of capital …
