Beyond GDP: Measuring and achieving global genuine progress

Jay Owen Beyond GDP

Ida Kubiszewski, Robert Costanza, Carol Franco, Philip Lawn, John Talberth, Tim Jackson, Camille Aylmer

Ecological Economics 93 (2013) 57–68

While GPI is not the perfect economic welfare indicator, new research shows it is a far better approximation than GDP. Authors conclude that development policies need to shift to better account for real welfare and not merely GDP growth.