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Bibliographic Details
Main Author: Richard Samans
Format: Blog
Published: International Labour Organization 2018
Online Access:https://researchrepository.ilo.org/esploro/outputs/blog/A-new-way-to-measure-growth/995335088702676
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Table of Contents:
  • A new way to measure growth and development: the Inclusive Development Index Richard Samans Recent political developments in many countries suggest that most of their citizens lack confidence in the assumption of the standard growth model that everyone in a society benefits from GDP growth. This column proposes a multidimensional 'Inclusive Development Index', based on a dashboard of indicators in growth and development, inclusion, and intergenerational equity and sustainability. GDP per capita growth is weakly correlated with performance in many of the new index’s indicators, including those pertaining to employment, income and wealth inequality, and carbon intensity. interactiveResource.blog