Lithuania's #GDP will grow by 3.2% in 2026 and 2.1% in 2027, SEB Bank forecasts. The bank thus kept its economic growth #forecast unchanged from January 2026. The bank raised its projection for annual #inflation in #Lithuania to 5.7% in 2026 due to increased #energy #prices.
https://viabaltica.fi/lithuania-seb-keeps-gdp-forecast-unchanged/
India projected to clock 6.6 pc GDP growth in FY27 despite global headwinds: SBI Research #India #GDP #FY #SBIResearch #socialnewsxyz
New Delhi, May 11 (SocialNews.XYZ) India’s economy has remained resilient amid global shocks and is projected to clock the full year 2026-27 GDP growth rate of 6.6 per cent, with real GDP growth of closer... - Social News XYZ
When Michael D Higgins criticised the dependence on GDP in policy making, during his term as President of Ireland, a tranche of "economics" commentators were outraged, and attempted to ridicule him.
Here, the former Governor of the Central Bank is making a detailed case against GDP.
https://www.irishtimes.com/opinion/2026/05/10/truthy-data-has-no-place-in-setting-policy/
Giorgio Arfaras in #Miniera
Poland is now among the 20 largest economies. How it happened
https://apnews.com/article/poland-economy-growth-g20-gdp-26fe06e120398410f8d773ba5661e7aa
#HackerNews #Poland #Economy #Growth #G20 #GDP #Economic #Development
Poland once was in economic ruins when communism fell more than three decades ago. Now it's the 20th largest economy in the world. Poland edges out Switzerland with more than $1 trillion in annual output. The Trump administration is taking note by inviting Poland to attend the Group of 20 summit of leading economies this year. Poland prospered by turning decisively toward the European Union and dodging the corruption that plagued other countries that had been in the Soviet orbit. Poland's entrepreneurs aren't afraid to take risks and start new businesses. All that means many educated young people see their future at home instead of abroad.
From time to time alternatives to Global Domestic Product as a model for measuring human progress & wellbeing are proposed (although GDP remains at the centre of much assessment of state success & comparison between models of capitalism & development).
The latest proposal from the United Nations is organised round a 31 part dashboard clusters around four themes:
foundational principles;
wellbeing;
equity & inclusion;
sustainability & resilience
Going beyond GDP, to accurately measure what is valuable, and to enhance decision-making in the best interests of people, the planet and the future, can fundamentally change the way Governments make policies and spur investments to accelerate the achievement of the Sustainable Development Goals and the realization of the commitment to leave no one behind.
Philippines Q1 GDP up 2.8% on year, lower than expected
Recently published in #Nature: a call for #action for #economists!
To move beyond #GDP, don’t ignore #EcologicalEconomics
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