Discussion on GDP in Finance from GDP An Affectionate History Chapter 5 The Great Chance
How did the treatment of the ﬁnancial sector in GDP aﬀect the measure of economic growth and the value to economic integration before the crisis?(a) Why did the ﬁnancial sector produce arrogance that ”lead to follies”? (b) What aﬀect did this have on policy? (c) What aﬀect did this have on economic development? (d) Why might GDP growth not be a good measure for the success of the ”Chinese” model?
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