Time to Leave GDP Behind

Costanza, Robert, Kubiszewski, Ida, Giovannini, Enrico, Lovins, Hunter, McGlade, Jacqueline, Pickett, Kate E. , Vala Ragnarsdóttir, Kristín, Roberts, Debra, De Vogli, Roberto and Wilkinson, Richard

Robert Costanza joins other sustainable development advocates to discuss the implications of setting national policy goals based on levels of Gross Domestic Product (GDP) in a recent issue of Nature. The authors argue that the use of GDP as a measure of progress fuels social and environmental instability. They outline alternative measures of progress that take into account indices such as net savings, ecological impact, life expectancy, and civic engagement to provide a more comprehensive measure of wellbeing.