Trésor-Economics No. 67 - Measuring economic performance and social progress: the findings of the Stiglitz-Sen-Fitoussi Commission
GDP cannot be regarded as the sole indicator of economic performance and social progress. This is the underlying finding of the Stiglitz Commission, which has made an unprecedented effort to study the entire body of theoretical and empirical literature devoted to measuring economic performance, quality of life, and environmental sustainability.As an indicator of economic performance, GDP is in nee... Lire la suite