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Issues of measuring economic growth in the CIS countries

https://doi.org/10.34023/2313-6383-2014-0-10-3-13

Abstract

Key concepts and definitions of macroeconomic indicators of economic growth stipulated by the international standards for macroeconomic statistics, and their implementation issues in the CIS countries are reviewed in this article. In this context the author indicates that GDP growth rate, being most essential for measuring economic growth, should be, for purposes of analysis, extended by a range of indicators featuring the following aspects of economic development: investments in fixed capital and their sources of funding, capital outlay and total factor productivity, external economic relations and several other. Implementation issues of the 2008 SNA provisions, covering the new approach to a number of economic transactions, influencing the economic growth, are addressed.

About the Author

Youri Ivanov
Moscow State University
Russian Federation


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Review

For citations:


Ivanov Y. Issues of measuring economic growth in the CIS countries. Voprosy statistiki. 2014;(10):3-13. (In Russ.) https://doi.org/10.34023/2313-6383-2014-0-10-3-13

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ISSN 2313-6383 (Print)
ISSN 2658-5499 (Online)