Tag: indicators

Here’s a summary of The Economist’s important critique of GDP and suggestions for reform

‘Laws are like sausages, it is better not to see them being made’ said Otto von Bismarck. Turns out you can probably add GDP to that list. Last week’s Economist had a comprehensive takedown of the uses and abuses of Gross Domestic Product as an indicator of wellbeing, economic health or pretty much anything else. […]

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Can alternative economic indicators ever be any good if they are devised solely by experts?

This guest post comes from Oxfam well-being guru Katherine Trebeck Over the last few years there has been a spate of measurement initiatives – way too many to list here. Together they represent a positive, if disparate, effort to improve the measures that we take into account when assessing the success of something – a […]

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Voices of the Hungry; killer indicators, and how to measure the social determinants of health. New thinking on measurement with Gallup Inc.

About once a year, I head off for the plush, Thames-side offices of Gallup Inc, for a fascinating update on what they’re up to on development-related topics. In terms of measurement, they often seem way ahead of the aid people, for example, developing a rigorous annual measurement of well-being across 147 countries. Not quite sure why […]

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At last, a sensible suggestion for post2015

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Why do some (better) alternatives to GDP get picked up, while others sink without trace? Useful new study on political economy of indicators.

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GDP v Well-being – the Stiglitz Commission and other news

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