Does GDP growth measure what society values or the progress achieved in a country?
This clip by The Real News looks at if GDP growth measures what the society values or the progress of the society. Senator Baron Dorgan shares during a senate hearing on usefulness of using GDP as measure of economic progress in US. Martin Collier, director of Glaser Foundation, a Seattle based think tank that is evaluating the usefulness of GDP as an indicator, also shares his views.
Related Questions
- How can the country be expected to make progress if it does not receive payments until it has already achieved some of the goals?
- Should Society Measure a Countrys "Progress" by Other Indicators, Not Just the Gross Domestic Product (GDP)?
- How can progress be achieved in countries where Governments do not recognize the role of civil society?
- Should Society Measure a Countrys "Progress" by Other Indicators, Not Just the Gross Domestic Product (GDP)?
- How can progress be achieved in countries where Governments do not recognize the role of civil society?
- Does GDP growth measure what society values or the progress achieved in a country?
