Beyond GDP indicators: A tension between powerful stakeholders and transformative potential?

Olivier Malay ()
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Olivier Malay: UNIVERSITE CATHOLIQUE DE LOUVAIN, Institut de Recherches Economiques et Sociales (IRES) and Hoover Chair of Economic and Social Ethics

No 2017018, LIDAM Discussion Papers IRES from Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES)

Abstract: The last four decades have seen a proliferation of new indicators aiming to challenge GDP. But do they really produce new outcomes? By observing the rankings they produce (compared to those produced by GDP), the potential of 6 Beyond GDP indicators for indicating a way towards a better society has been examined. The conclusion is reached that rankings from indicators supported by powerful stakeholders are highly correlated with rankings according to GDP, demonstrating a low transformative potential.

Pages: 23
Date: 2017-11-02
New Economics Papers: this item is included in nep-hme
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Persistent link: https://EconPapers.repec.org/RePEc:ctl:louvir:2017018

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