Time to ditch GDP for country's benefit
Opinion: Gross domestic product has become increasingly obsolete as an indicator of national economic performance.
Politicians extol New Zealand's "strong economy" but its low wage, cash-strapped and horrendously indebted status remains unchanged.
While GDP has risen – the "rockstar economy" – median incomes have fallen. Something's amiss.
In fact, the explanation is perfectly straightforward. The marked
Want to read more? It's easy.
Choose your best value subscription option
Individual
Group membership
NBR Marketplace
Yearly Premium Online Subscription
NZ$499.00 / yearly
Monthly Premium Online Subscription
NZ$44.95 / monthly
Smartphone Only Subscription
NZ$24.95 / monthly
Premium Group Membership 10 Users
NZ$350+GST / monthly
$35 per user - Pay by monthly credit card debitPremium Group Membership 20 Users
NZ$600+GST / monthly
$30 per user - Pay by monthly credit card debitPremium Group Membership 50 Users
NZ$1250+GST / monthly
$25 per user - Pay by monthly credit card debitPremium Group Membership 100 Users
NZ$1875+GST / monthly
$18.75 per user - Pay by monthly credit card debitYearly Premium Online Subscription + NBR Marketplace
NZ$499.00 / yearly
Already have an account? Login
John Gascoigne
Fri, 23 Feb 2018
Fri, 23 Feb 2018
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Time to ditch GDP for country's benefit
73502