*G N P Kenzhali K. Utebekov D.
Gross National Product (GNP) - is the market value of all products and services produced in one year by labour and property supplied by the residents of a country. Unlike Gross Domestic Product (GDP), which defines production based on the geographical location of production, GNP allocates production based on ownership. GNP does not distinguish between qualitative improvements in the state of the technical arts (e. g. , increasing computer processing speeds), and quantitative increases in goods (e. g. , number of computers produced), and considers both to be forms of "economic growth"
A country's gross national product (GNP) is a measure of the value of its production of goods and services for a specific period, usually one year. Comparisons of GNP from year to year or quarter to quarter, when measured in constant dollars, indicate changes in a country's overall production and the direction of its economy. In general, economic policy makers look to the size and growth of the GNP as an indication of the health of the country's economy. In a sense, it is the single most important measure of how an economy is functioning. In the United States the GNP has been replaced by the gross domestic product (GDP) as the principal measure of domestic production. The GDP is calculated the same way as the GNP, except that it is limited to measuring domestic output within U. S. borders, while the GNP measures output supplied by residents of the United States regardless of where they live and work.
MEASURING GNP The expenditure method accounts for the GNP can be measured in at least two source of the monetary demand for different ways, both of which yield the same products and services. The largest result. One way of measuring the GNP is component, consumption, includes the from the buyer's point of view, or in terms of value of all the goods and services aggregate demand. Also known as the purchased by consumers during the year. expenditure approach to measuring GNP, this (As a general rule, consumption method calculates the value of the GNP as the expenditures account for approximately sum of the four components of GNP 65 percent of GNP in the United States. ) expenditures: consumption, investment, The investment category includes the government purchases, and net exports. production of buildings and equipment as well as the net accumulation of inventories. Financial investments, which involve only transfer payments rather than the production of capital goods, are not counted. Government purchases include only expenditures for goods and services, not transfer payments such as Social Security. Net exports include the value of all goods produced in the United States but sold abroad, minus the value of goods produced abroad and imported into the United States.
Since every transaction involves a buyer and a seller, Employee compensation includes all payments relating to labor, including the GNP can also be fringe benefits and taxes paid calculated from the seller's on labor. In the United States, point of view, which focuses employee compensation on where money payments accounts for approximately go. The method, also known 60 percent of GNP. Rental as the income approach, income is paid for the use of measures GNP as the sum of capital goods. Proprietary all the incomes received by income represents payments all owners of resources used to owners of business firms. in production. Such income Corporate profits are earned payments are known as by the shareholders of a business. Interest income is factor payments, because received for lending financial resources. Depreciation they are paid to various is a charge against assets used in production. The factors involved in the indirect business tax refers to sales tax, which production of goods and represents part of the payments for goods and services. These include that are not paid to any of the income recipients. employee compensation, rental income, proprietary GNP measures the value of final products and services, so it income, corporate profits, is necessary to avoid double-counting the many intermediary products that are bought and sold in the interest income, depreciation, and indirect economy. Products and services are counted as part of the GNP when they reach their final form. business taxes.
Kazakhstan GNP - one of fastest growing parameters in the world for last 7 years - the world for last 7 years Nazarbayev Kazakhstan Today Astana. December 21. The President of Kazakhstan Nursultan Nazarbayev stated in Moscow giving speech in the Moscow State Institute of International Relations of the Ministry of Foreign Affairs of Russia, the agency reports referring to the president's press service. "By the main parameters of economic, social development and standard of living of the population Kazakhstan occupies today leading position among CIS countries and continues to develop at high rates. For the last seven years internal total product of the country, 4/5, which is a private sector, has grown twice. Kazakhstan' GNP - one of the fastest growing parameters in the world for the last 7 years. Within the nearest three years its average growth will be kept at the level of 8. 5 % that will allow to solve a strategic problem of doubling GNP in 2011 in relation to 2004, " N.
