Beyond GDP: Measuring What Counts for Economic and Social Performance
Metrics matter for policy and policy matters for well-being. In this report, the co-chairs of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand, show how over-reliance on GDP as the yardst...
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Format: | Elektronisch E-Book |
Sprache: | English |
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Paris
OECD Publishing
2018
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Online-Zugang: | Volltext |
Zusammenfassung: | Metrics matter for policy and policy matters for well-being. In this report, the co-chairs of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand, show how over-reliance on GDP as the yardstick of economic performance misled policy makers who did not see the 2008 crisis coming. When the crisis did hit, concentrating on the wrong indicators meant that governments made inadequate policy choices, with severe and long-lasting consequences for many people. While GDP is the most well-known, and most powerful economic indicator, it can't tell us everything we need to know about the health of countries and societies. In fact, it can't even tell us everything we need to know about economic performance. We need to develop dashboards of indicators that reveal who is benefitting from growth, whether that growth is environmentally sustainable, how people feel about their lives, what factors contribute to an individual's or a country's success. This book looks at progress made over the past 10 years in collecting well-being data, and in using them to inform policies. An accompanying volume, For Good Measure: Advancing Research on Well-being Metrics Beyond GDP, presents the latest findings from leading economists and statisticians on selected issues within the broader agenda on defining and measuring well-being |
Beschreibung: | 1 Online-Ressource (144 Seiten) 21 x 28cm |
ISBN: | 9789264309173 9789264309166 9789264307292 |
DOI: | 10.1787/9789264307292-en |
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index_date | 2024-07-03T19:34:55Z |
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language | English |
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spelling | Stiglitz, Joseph E... Verfasser aut Beyond GDP Measuring What Counts for Economic and Social Performance Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand Paris OECD Publishing 2018 1 Online-Ressource (144 Seiten) 21 x 28cm txt rdacontent c rdamedia cr rdacarrier Metrics matter for policy and policy matters for well-being. In this report, the co-chairs of the OECD-hosted High Level Expert Group on the Measurement of Economic Performance and Social Progress, Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand, show how over-reliance on GDP as the yardstick of economic performance misled policy makers who did not see the 2008 crisis coming. When the crisis did hit, concentrating on the wrong indicators meant that governments made inadequate policy choices, with severe and long-lasting consequences for many people. While GDP is the most well-known, and most powerful economic indicator, it can't tell us everything we need to know about the health of countries and societies. In fact, it can't even tell us everything we need to know about economic performance. We need to develop dashboards of indicators that reveal who is benefitting from growth, whether that growth is environmentally sustainable, how people feel about their lives, what factors contribute to an individual's or a country's success. This book looks at progress made over the past 10 years in collecting well-being data, and in using them to inform policies. An accompanying volume, For Good Measure: Advancing Research on Well-being Metrics Beyond GDP, presents the latest findings from leading economists and statisticians on selected issues within the broader agenda on defining and measuring well-being Environment Governance Social Issues/Migration/Health Economics Fitoussi, Jean-Paul ctb Durand, Martine ctb https://doi.org/10.1787/9789264307292-en Verlag kostenfrei Volltext |
spellingShingle | Stiglitz, Joseph E.. Beyond GDP Measuring What Counts for Economic and Social Performance Environment Governance Social Issues/Migration/Health Economics |
title | Beyond GDP Measuring What Counts for Economic and Social Performance |
title_auth | Beyond GDP Measuring What Counts for Economic and Social Performance |
title_exact_search | Beyond GDP Measuring What Counts for Economic and Social Performance |
title_exact_search_txtP | Beyond GDP Measuring What Counts for Economic and Social Performance |
title_full | Beyond GDP Measuring What Counts for Economic and Social Performance Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand |
title_fullStr | Beyond GDP Measuring What Counts for Economic and Social Performance Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand |
title_full_unstemmed | Beyond GDP Measuring What Counts for Economic and Social Performance Joseph E. Stiglitz, Jean-Paul Fitoussi and Martine Durand |
title_short | Beyond GDP |
title_sort | beyond gdp measuring what counts for economic and social performance |
title_sub | Measuring What Counts for Economic and Social Performance |
topic | Environment Governance Social Issues/Migration/Health Economics |
topic_facet | Environment Governance Social Issues/Migration/Health Economics |
url | https://doi.org/10.1787/9789264307292-en |
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