| | | | PROBLEMS OF MODERN ECONOMICS, N 1 (93), 2025 | | | | ECONOMIC THEORY. MACROECONOMICS | | | Teniakov I. M.
Chair of Political Economy, Department of Economics, M.V. Lomonosov Moscow State University, PhD (Economics), Professor
Amirkhanova F. S.
Associate Professor, Chair of Micro- and Macroeconomic Analysis M.V. Lomonosov Moscow State University, PhD (Economics)
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| | | The article discusses contradictions of the gross domestic product (GDP) as a basic indicator of economic growth. The contradictions are revealed between the growth assessment of the dynamics of real GDP in absolute terms and per capita. There is an impact on the assessment of the real GDP of the methodology for calculating price indices. The authors observe the contradiction of qualitative growth: the expansion of the product assortment and structural shifts in the economy are accompanied in market conditions by the emergence of the “planned obsolescence” of goods and an increase in consumption race. The article discusses a number of alternative indicators of growth and well-being, including their shortcomings, and makes a conclusion on the necessity to deepen the structural analysis of the GDP indicator to assess the quality of economic growth. | | Key words: economic growth, Gross Domestic Product, quantitative growth, qualitative growth, “planned obsolescence”, inclusive growth | | Pages: 108 - 111 |
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