👉 GDP Engineering, or Gross Domestic Product Engineering, is an analytical framework that goes beyond traditional GDP calculations by incorporating a broader set of economic indicators to provide a more nuanced understanding of a country's economic health. While GDP measures the total value of goods and services produced, GDP Engineering integrates factors such as income distribution, environmental sustainability, technological innovation, and social well-being. This approach aims to capture the full spectrum of economic activities and their impacts on society, offering policymakers a more comprehensive tool for decision-making. By considering these additional dimensions, GDP Engineering helps to identify potential economic imbalances and guide strategies for sustainable growth and development.
