research
oaioai:oro.open.ac.uk:171

Alternative policy indicators

Authors
Publication date
1 January 2001
Publisher
'Informa UK Limited'

Abstract

It is now often argued that society is steering with the wrong compass. Most decision-making processes are based on Gross Domestic Product (GDP), favouring economic options that generate its increase. GDP has long since been used as an indicator of economic performance, progress, and even welfare. Moreover, it is on the basis of GDP that countries are internationally 'ranked'

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    This paper was published in Open Research Online (The Open University).

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