Why not replace GDP?

• Verfasst von: Lang, Markus [VerfasserIn]
• Titel: Why not replace GDP?
• Verf.angabe: Markus Lang
• E-Jahr: 2021
• Jahr: March 12, 2021
• Umfang: 8 S.
• Fussnoten: Gesehen am 23.06.2025
• Titel Quelle: Enthalten in: Global perspectives
• Ort Quelle: Oakland, CA : University of California Press, 2020
• Jahr Quelle: 2021
• Band/Heft Quelle: 2(2021), 1, Artikel-ID 21364, Seite 1-8
• ISSN Quelle: 2575-7350
• DOI: doi:10.1525/gp.2021.21364
• Datenträger: Online-Ressource
• Sprache: eng
• K10plus-PPN: 1928861164

Abstract

This is a comment on Katharina Lima de Miranda and Dennis Snower’s multidimensional approach for the assessment of human well-being. It applauds the authors for looking “beyond GDP” but urges them to go one step further and replace GDP as a measure of material well-being by growth national income and actual individual consumption. Unlike GDP, these alternative measures for material well-being can be used to single out activities by multinational entities that are largely unrelated to domestic well-being. I will show that multinational entity activities, like the relocation of corporate headquarters and IP assets to Ireland and Luxembourg, have grown in such a substantial way in recent years that they can bias assessments of both material and human well-being.