Toward greener priorities: Madagascar

Thorvaldur Gylfason and Jean-Pascal N. Nganou ()
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Jean-Pascal N. Nganou: University of Iceland

Development Finance Agenda, 2024, vol. 9, issue 6, 14-15

Abstract: In the past, economic policy advice revolved mostly around finding ways to foster economic growth with low inflation and adequate efficiency. Scant attention was paid to the distribution of incomes and wealth. The use of social, institutional, and political indicators to supplement economic data was rare. Cross-country comparisons to identify opportunities for economic progress were the exception, not the rule. To this day, the production of internationally comparable green national accounts has remained elusive. Even so, we now have the Human Development Index, which combines GDP per person with life expectancy and education, a significant step forward.

Date: 2024
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