Do Beyond GDP indicators initiated by powerful stakeholders have a transformative potential?

Malay, Olivier

doi:10.1016/j.ecolecon.2019.04.023

Do Beyond GDP indicators initiated by powerful stakeholders have a transformative potential?

Malay, Olivier

(2019) Ecological Economics — n° 162, p. 100-107 (2019)

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Authors

Malay, OlivierUCLouvain
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Abstract

The last four decades have seen a proliferation of new indicators aiming to challenge GDP. But do they really produce new outcomes? By observing the rankings they produce (compared to those produced by GDP), the potential of 6 Beyond GDP indicators to suggest a way towards a more social and ecological society has been examined. The conclusion is that rankings from indicators initiated by powerful stakeholders are highly correlated with rankings according to GDP, demonstrating a low transformative potential.

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UCLouvainSSH/IACS - Institute of Analysis of Change in Contemporary and Historical Societies

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Malay, O. (2019). Do Beyond GDP indicators initiated by powerful stakeholders have a transformative potential? Ecological Economics, 162, 100-107. https://doi.org/10.1016/j.ecolecon.2019.04.023 (Original work published 2019)