GDP, an insufficient indicator for estimating the power of a country and GDP per capita, an insufficient indicator for estimating thewell-being of citizens

Jacques Fontanel ()
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Jacques Fontanel: CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - UGA - Université Grenoble Alpes - IEPG - Sciences Po Grenoble-UGA - Institut d'études politiques de Grenoble - UGA - Université Grenoble Alpes

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Abstract: GDP is the most widely used economic indicator. It is a basis for classifying states in their obsession of development and power. The more the environmental and societal issues become worrying, the more the current indicator systems, especially GDP, become unsuitable. Short run economism neglects the scarcity of clean air but also democratic freedoms, citizen solidarity or cultural life. It is urgent to construct sets of indicators adapted to the questions posed for the understanding of the international relations and comparisons.

Keywords: GDP; State Power; Well-Being; PIB; Puissance des Etats; Bien-être (search for similar items in EconPapers)
Date: 2020-11-02
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