Archive for the ‘GDP’ Category

BTS: The band that moves the economy   Leave a comment

7/28/21, The Indicator (9:41)

Link: https://www.npr.org/2021/07/28/1021968141/bts-the-band-that-moves-the-economy

Instructors: Click here for Teaching Ideas for this episode

Summary: This episode discusses how BTS, a global K-Pop sensation, brings millions of dollars worth of goods and services into the Korean economy. This is both through obvious ways such as sales of music, tickets and merchandise but also more indirect channels like promotion of Korean culture and their loyal fan following. 

Posted June 20, 2023 by ishanitewari in GDP, Utility

The return of Chinese tourism?

1/31/23, The Indicator (9:30)

Link: https://www.npr.org/2023/01/31/1152940408/the-return-of-chinese-tourism

Click here for link to Teaching Ideas for this episode

Summary: Chinese tourists account for a very large fraction of tourist dollars worldwide.  As global travel picks up again, this episode highlights the substantial contribution Chinese tourists make to different economies and it explores what might drive their flow in the near future. Our companion exercise works through how tourism fits into the GDP expenditure approach.

Posted March 27, 2023 by ishanitewari in China, GDP, Utility