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What is GDP

Quality of Life and Climate Change: Impacts, Sustainable Adaptation, and Social-Ecological Resilience
Gross Domestic Product represents the total monetary value, or market value, of finished goods and services produced in a country during a particular period, which is an indicator of the income earned from that production, or the total amount spent on that goods and services. GDP is the indicator of the government for measuring the economic health of the country.
Published in Chapter:
Impact of Climate Change and Occupational Hazards on QoL of Fisherfolk/Fish Processing Communities With Probable Mitigation Strategies
Nibedita Naha (Biochemistry Department, Biological Sciences Division, ICMR-National Institute of Occupational Health (NIOH), Ahmedabad, India), Deepsi Rathore (Biochemistry Department, Biological Sciences Division, ICMR-National Institute of Occupational Health (NIOH), Ahmedabad, India), Somi N. Sharma (Biochemistry Department, Biological Sciences Division, ICMR-National Institute of Occupational Health (NIOH), Ahmedabad, India), and Ranjana Hanumant Choudhari (ICMR-National AIDS Research Institute, India)
DOI: 10.4018/978-1-6684-9863-7.ch002
Abstract
Fishery includes farmed fisheries and wild fisheries; of which, wild fisheries are comprised of marine and freshwater fisheries that provide an important source of food, nutrition, employment and income, mostly in the developing countries including India. However, now-a-days, environmental factors, such as climate change, global warming, heat stress, unpredictable weather patterns, ecological imbalance, etc., causes either direct, or indirect effects on the fishery and fish processing industry; thus, encompass numerous challenges to the quality of life (QoL) of the target communities. Also, the release of greenhouse gases into the atmosphere through man-made activities worsen the situation. Besides, occupational exposure is another major factor due to physical, chemical, biological and psychological stressors that affect the overall productivity of this informal sector. Globally, millions of people are employed in the fishery and fish processing industry though women are the majority in the fish processing work in the developing countries; thereby it demands need-based support programs, national policies and action plans for the benefit of the stakeholders. Further, industry's resilience is dependent on the effective governance, sustainable practices and strong mitigation strategies, where fishing industry is not an exception. Hence, the present book chapter scrutinizes a wide range of environmental and occupational issues confronting the QoL of the communities, as well as explores the potential strategies to mitigate the negative impacts of climate change and occupational hazards in the fisherfolk and fish processing communities.
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Do Financial Investment Decisions Affect Economic Development?: An Analysis on Mortgage Loans in Turkey
It is gross domestic product that includes consumption, private investment, government expenditure, and net export amount.
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Tourism Entrepreneurship in Innovation Sustainability: Challenges and Opportunities
gross domestic product represents the sum of all final goods and services produced in a given region during a given period.
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The Contribution of the Environmental Tax on the Reduction of Carbon Dioxide Emissions: An Exploratory Study in Portugal and Spain
Gross domestic product, being a measure that is used to measure economic growth. According to macroeconomics manuals, this measure is part of national accounting and can be determined from the production, expenditure, and income perspective.
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A Fuzzy-Based Sustainable Solution for Smart Farming
The term which depicts the overall development rate and economic activity of a country.
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Information Technology for Enhancing Public Sector Sustainability
This acronym stands for Gross domestic product.
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The Effects of Technology on Bank Performance in Advanced and Emerging Economies: An Empirical Analysis
It is gross domestic product that includes consumption, private investment, government expenditure, and net export amount.
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Innovation That Drives Unravelling the Link Between R&D&I Investment and Value Creation
The Gross Domestic Product (GDP) is a quantitative measure of the total market value of all final goods and services produced in a country within a specific time period. It is commonly used as a key indicator to assess the economic health of a country and its level of economic activity. GDP is calculated by adding the value of production of goods and services across economic sectors such as agriculture, industry, and services, and subtracting depreciation. It can be expressed in nominal terms or adjusted for inflation to reflect changes in the purchasing power of the currency.
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Satellite Communication Policy in India
The monetary value of all the finished goods and services produced within a country in a specific time period.
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Assessment on Market Share of Spurious Spare Parts of ABC Earth Moving Equipments Pvt. Ltd., India
Gross Domestic Product is the total proportion of goods and services produced within the domestic territory in an annual year.
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Human Face to Data as a Contemporary Approach to Decision Making in the Development Sector
Gross domestic product (GDP) represents the monetary value of all final goods and services produced within a nations’ geographic border in a given time.
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The Outsourcing Dilemma of SMEs: A Case of Five Latvian Tech Firms
Gross domestic product – the total monetary or market value of all the finished goods and services produced within a country's borders in a specific time period.
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Big Data and Official Statistics
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Analyzing the Global Economy in the Post-Pandemic Recovery: Is the Recovery Near or Not?
GDP measures the monetary value of final goods and services—that is, those that are bought by the final user—produced in a country in a given period of time (say a quarter or a year). It counts all output generated within the borders of a country (IMF, 2020).
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Convergence and Equality of Road Infrastructure: A Cross Country Analysis
It is the sum of monetary values of all goods and services produced within a territory of a country in a given year. The prices used here is the current prices. The World Bank measures it in terms of US$. It is one of the main determinants of a country’s overall development whenever it is converted into per capita terms.
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The Role of Information Technologies to Adapt to a Global Pandemic: Digitalization Disruption in the New Renaissance
Gross domestic product (GDP) is the standard measure of the value added created through the production of goods and services in a country during a certain period.
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The Macroeconomic Impacts of E-Business on the Economy
Gross domestic product. A commonly used measure of the value of a nation’s production, GDP is the market value of all the goods and services produced in the country.
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Military Expenditure in India: Trends and Its Relation With GDP and Education Expenditure
Represents the monetary value of all goods and services produced within geographic borders of a nation over a specified period of time.
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Analysis of the Robustness of Norway's Economy and Energy Supply/Demand Fluctuations
GDP is the total value of everything produced by all the people and companies in the country. It doesn't matter if they are citizens or foreign-owned companies. If they are located within the country's boundaries, the government counts their production as GDP.
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The Analysis of Health Care Expenses of Turkey between 1990-2012
The monetary value of all the finished goods and services produced within a country’s borders in a specific time period.
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Cross-Country Analysis of Competitiveness in GDP per Capita, Health, Social Support, Freedom
GDP or gross domestic product refers to the monetary values of final goods and services that is produced in a country in a given period of time.
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Transforming Urban Slums: Pathway to Functionally Intelligent Cities in Developing Countries
Gross domestic product is the market value of all goods and services produced in a year.
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Isolated Territories and Infrastructure Development: A Case for Land Transportation Investment in Madagascar
Gross domestic product (GDP) is the financial value of all the merchandise and services produced within a specific country in one year.
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Interplays Among Railway Investment, Revenue, and GDP in India: An Empirical Study
It measures final valuation of all goods and services produced in a country in a given year. It is one of the main indicators of development of a country. India is presently growing at the rate of over 7 per cent which is highest in today’s world.
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Allocation Optimization Problem for Peruvian Food Bank
Gross domestic product. It is the monetary value of all finished goods and services produced in a country, which is generally measured every year.
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Distributed Trust Using Blockchain for Efficient Pharmaceutical Supply Chain
Good distribution practice of medicinal products for human use.
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