President Obama’s balanced approach to tax reform, which eliminates unfair giveaways to the rich, stands in stark contrast to the House GOP’s proposed reforms that favor the wealthy and unfairly ...

E = mc2 remains an equation upon which monumental advancements in man’s understanding of his world have been developed. Yet the fundamental representation of what produces Gross Domestic Product (GDP) ...

Sean Ross is a strategic adviser at 1031x.com, Investopedia contributor, and the founder and manager of Free Lances Ltd. Yarilet Perez is an experienced multimedia journalist and fact-checker with a ...

This pamphlet discusses how economic policymakers may approach the question of the productivity of public expenditure. The discussion is aimed at those in charge of fiscal and budgetary policies.

The International Comparison Program (ICP) comparisons of gross domestic product (GDP) are based on the value of an individual item equaling the product of its price and quantity (that is, the ...

Purchasing power parities (PPPs) are primarily used to convert economies’ national accounts expenditures on GDP and its components into a common currency. PPPs control for differences in price levels ...

In the revised series, the government has proposed to integrate the supply and use table with compilation of annual accounts to ensure that discrepancies are limited in the early estimates and finally ...

Recent research on tourism expenditure patterns has increasingly sought to unravel the complex interplay of microeconomic, demographic and psychographic determinants that underpin the spending ...