Beyond GDP - Wellbeing Economy, Happiness Index and the postgrowth debate

Anna Murphy , Dr. Fred K. Muhumuza
www.exploring-economics.org, 2021
Level: beginner
Perspective: Other
Topic: Alternatives to GDP, degrowth
Format: Panel Discussion
Duration: 1:18:09
Link: https://www.youtube.com/watch?v=WsUPCIg7mOg&list=PLHcX3MybUIx4ts8iD30s7XZ9vgG6lLqv4&index=8

As the global economic landscape evolves, demographics shift, inequality expands, climate change gets worse and technology continues to advance at breakneck speed, Gross Domestic Product (GDP) is struggling to stay relevant. In order to keep up with the changes shaped by the Fourth Industrial Revolution, many are arguing that we need to find a new measure to assess the wellbeing of our economies and – more importantly – the people living in them. This panel discussion examines the past, present and future role of GDP – and the new economic models/measures that could replace it.


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