Everything you need to know about GDP, GNI, and HDI | International Business

Описание к видео Everything you need to know about GDP, GNI, and HDI | International Business

GDP is one of the most common tools used to track the health of a nation's economy. If you often watch business news, you might hear economists and politicians discuss GDP quite often, but what exactly does it mean? How is GDP calculated, and why is it so important? In this video, I am going to answer those questions for you. In addition, I will introduce three other indicators that are also frequently used to evaluate and compare the economic development of various countries.

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