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Ask HN: How to evaluate a country's economic performance?

by kostarelo on 7/4/23, 10:55 AM with 5 comments

What would be the right indexes (or anything else) to evaluate a country's performance over a specific time period?

I would like to evaluate my country's (Greece) last government performance and what real effect it had over the country's wealth and the general population.

That is only for personal knowledge purposes and not for a professional/academic inquiry or something.

Thank you

  • by yuppie_scum on 7/4/23, 11:06 AM

    GDP (Gross Domestic Product) is the headline metric.

    There must be many books on this subject, I’m pretty sure I learned that in one of my intro level college Economics classes (Econ minor)

    I would pull out a macroeconomics and and microeconomics book from the library and study up. Maybe grab a Udemy course on Econ as well.

  • by pestatije on 7/4/23, 11:34 AM

    id say this[4] is a fair account, despite the economist's known unfriendliness towards greece.

    [4] https://archive.md/M6tUb - The Economist - Greece is a European success story

  • by beardyw on 7/4/23, 11:42 AM

    The question you are asking is almost "what is economics?"