The hedged growth rate, which adjusts for financial flows, is a better way to measure economic activity, suggests new research
According to the International Monetary Fund (IMF), the global economy grew by 2.9% in 2019 - the slowest expansion since the global financial crisis. And new research suggests that this growth figure could be underestimating the extent of the global slowdown. In a new study, Jacob Assa of the New School for Social Research raises questions about the veracity of real GDP growth - the common measure of economic progress in countries around the world.
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