Economics, Econometrics and Finance
8 years ago

Globalization Reshapes National Wealth: GDP and GNP Diverge, Exposing Economic Shifts

2 views
Does Globalization Smooth Income Growth? ―The Facts Revealed by Differences in GDP and GNP―
Masaaki Kawagoe

Paper Summary

Advancing globalization is causing a disconnect between GDP and GNP. GDP measures economic activities within a country, while GNP focuses on activities by residents of the country. This difference is due to economic activities crossing national borders.

Related papers

Business, Management and Accounting
3 years ago

Household Spending Boosts Malaysia's Economy, Trade Drags It Down

Islamic Banking
2 views
Economics, Econometrics and Finance
3 years ago

Higher income inequality linked to faster economic growth, new study finds.

Infrastructure Impact
1 view
Economics, Econometrics and Finance
3 years ago

Investing in Southeast Asia Boosts Economic Growth, Attracts Foreign Investment

Public Economics
2 views