Drugs, smuggling and prostitution to be included in Romania's GDP calculations-INS

Romania's National Institute for Statistics (INS) said Thursday it would include drugs, prostitution and smuggling in its calculation of Romania’s GDP, according to Adriana Ciuchea, general director for the INS’s Department of national accounts and macroeconomic estimates, writes realitatea.net. “Right now and starting with 1995 we have included in our GDP calculation estimates regarding the invisible economy. To give you an ...

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