GDP vs genuine progress quantification of economic performance in South Korea and Malaysia

• Main Authors: Hashim, Mastura, Mohammad Sifat, Imtiaz, Mohamad, Azhar
• Format: Article
• Language: English; English
• Published: Oviedo University Press 2018
• Subjects: HC94 By region or country; HJ Public Finance
• Online Access: http://irep.iium.edu.my/68820/1/68820_GDP%20vs%20genuine%20progress%20quantification.pdf; http://irep.iium.edu.my/68820/2/68820_GDP%20vs%20genuine%20progress%20quantification_SCOPUS.pdf; http://irep.iium.edu.my/68820/; https://www.unioviedo.es/reunido/index.php/EBL/article/view/12779/11951

Malaysia and South Korea, successful graduates of Asian Financial Crisis, employed different paths to recovery via Capital Control and IMF bail-out respectively. This paper tracks recovery trajectories of the two nations via orthodox and emergent growth indicators: GDP and GPI. We report unemploymen...