Global Current Issues and Trends: October 2019
The Global Boom in New Indicators
The perennial debate over whether income is a good measure of development continues. Today there is wide agreement that many other measures besides per-capita income are needed for measuring overall progress, from health and education to environmental quality as GlobeScan Surveys show, first by Ethical Markets Media in conjunction with the European Parliament’s Beyond GDP conference November 2007, by Ethical Markets in 2010 and by Ethical Markets with the ICAEW and Tomorrow’s Company in 2013 (www.Globescan.com and www.beyond-gdp.eu). The European Commissions’ Conference Beyond GDP in November, 2007, shows a new level of official interest. Britain’s New Economics Foundation released its Happy Planet Index following all the publicity around Bhutan’s efforts to measure Gross National Happiness (GNH) in that Buddhist ...