Grossly Distorted Picture: GDP Still Misleading
A new global poll across 12 countries reveals that more than two-thirds of people polled think that economic statistics like GDP are an inadequate way of measuring national progress.
The poll finds that 68% believe that health, social and environmental statistics are as important as economic data, and that governments should also use those to measure national progress.
However, the findings also show that support for going ‘beyond GDP’ has slipped back in some countries since the last time the survey was conducted, in 2007.
Author: Hazel Henderson, President, Ethical Markets.