Gross domestic product (GDP) indicators are limited in their capacity to completely reflect socio-economic performances and need either alternative or complementary indicators. While alternative indicators to GDP might be useful, this chapter focuses on complementary ones, namely theories and empirical indicators that attempt to integrate GDP with other measures of welfare. Human development, stemming from the work of the Nobel Prize winner Amartya Sen, is one such indicator.

Contextualising Sustainability: Socio-Economic Dynamics, Technology and Policy

Massimiliano Mazzanti
Primo
;
Marianna Gilli
Secondo
2018

Abstract

Gross domestic product (GDP) indicators are limited in their capacity to completely reflect socio-economic performances and need either alternative or complementary indicators. While alternative indicators to GDP might be useful, this chapter focuses on complementary ones, namely theories and empirical indicators that attempt to integrate GDP with other measures of welfare. Human development, stemming from the work of the Nobel Prize winner Amartya Sen, is one such indicator.
2018
9780367271190
Sustainability, human development, economic growth
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Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11392/2383041
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