Czech Economy Reveals Surprising Insights: National Income Outpaces GDP Growth
The article discusses how gross national income provides a more comprehensive view of a country's economy than gross domestic product. The researchers recalculated historical GDP data for the Czech Republic using updated standards, focusing on GDP, employment, and gross national income. While GDP and employment data go back to 1970, gross national income figures are available from 1984 onwards. The study also explores how the Czech Republic compares to other European countries economically.