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ID106411
Title ProperWe are what we measure
LanguageENG
AuthorBishop, Matthew ;  Green, Michael
Publication2011.
Summary / Abstract (Note)The current economic mess has many alleged causes, from greedy bankers and over-generous Chinese lenders, to financially illiterate home buyers and regulators asleep at the wheel. Yet the crisis also revealed, and was in part due to, the limitations of the economic data we have relied on since the Great Depression. Celebrating ever-rising Gross Domestic Product (and for that matter rising corporate profits and share prices) blinded us to the increasingly serious risks we were taking.
`In' analytical NoteWorld Policy Journal Vol. 28, No. 1; Spring 2011: p.11-15
Journal SourceWorld Policy Journal Vol. 28, No. 1; Spring 2011: p.11-15
Key WordsGross Domestic Product ;  David Cameron ;  Economic Growth ;  OECD ;  China