Lifting the veil of GDP and re-defining the concept of development in the context of accounting

Article


Boolaky, Pran Krishansing. 2004. "Lifting the veil of GDP and re-defining the concept of development in the context of accounting." IUP Journal of Applied Economics. 3 (6), pp. 60-75.
Article Title

Lifting the veil of GDP and re-defining the concept of development in the context of accounting

Article CategoryArticle
Authors
AuthorBoolaky, Pran Krishansing
Journal TitleIUP Journal of Applied Economics
Journal Citation3 (6), pp. 60-75
Number of Pages16
Year2004
Place of PublicationHyderabad, India
Web Address (URL)http://EconPapers.repec.org/RePEc:icf:icfjae:v:03:y:2004:i:6:p:60-75
Abstract

The paper entitled 'Lifting the Veil of GNP and Redefining Developing Countries in the Context of Accounting' discusses that the level of GDP per head or other general economic indicators may not be the most relevant factors to define a developing economy. 29 countries are redefined in the accounting context and then ranked. This study reveals that a few countries, which are developing countries in the eyes of economists, are in fact classified as developed countries in the context of accounting and financial reporting. Further accounting indicators provide more relevant and specific indicators for the purpose of accounting.

Keywordsdeveloping economies, country economic indicators
ANZSRC Field of Research 2020380107. Financial economics
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File reproduced in accordance with the copyright policy of the publisher/author.

Byline AffiliationsBournemouth University, United Kingdom
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