31 Mar '14, 2pm

A turning point for new indicators of progress?

A turning point for new indicators of progress?

A turning point for new indicators of progress? March 31, 2014 // By: Saamah Abdallah The indicators we use to measure progress play an important role in shaping politics and policy. Taken on its own, the still-dominant Gross Domestic Product (GDP) only provides a one-dimensional view of what counts as progress. That’s why NEF has long advocated for alternatives like the Index of Sustainable Economic Welfare and the Happy Planet Index – measures that only go up when we are genuinely doing well in terms of living well and sustainably. We’ve also specifically advocated for governments to measure subjective well-being, which many are now doing. Over the last two and a half years, NEF has been part of a project looking at how these new ‘Beyond GDP’ indicators have been used to date and what might be preventing their wider use. BRAINPOoL (Bringing Alternative Indicators into Po...

Full article: http://www.neweconomics.org/blog/entry/a-turning-point-fo...

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