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The estimates of economic development in the countries of the socialist block were carried out in the framework of the so-called Material Product System (MPS). At that time the product was perceived more narrowly than today´s gross domestic product (GDP). It included only the material goods and...
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Gross Domestic Product (GDP) is one of the most important indicators that reflects the evolution and resilience of national economies. The importance of this macroeconomic indicator is growing in the current economic context, context in which international studies start to emphasize the...
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