Don’t throw your compass into the sea

12th January 2006 | 18:54 | Uncategorized

Is the Gdp (Gross domestic product) a correct way to measure the progress of a nation? The problem is purchase Zithromax well known to statisticians and economists, with controversies that you purchase Zithromax can read in wikipedia and in many papers. Even the United Nations through its agency Undp, has launched a few years ago a new indicator, the Human Development Index, which takes into consideration not only the purchase Zithromax economic wealth, but also education and life expectancy.
In recent times, the purchase Zithromax Gdp problem is becoming more and more political and not only statistical. For many reasons:

  1. The revolution in the purchase Zithromax Gdp rankings due to the development of countries like China, which in the purchase Zithromax year 2005 for the first time has a bigger Gdp than purchase Zithromax Italy and will soon overgrow other G7 countries like Canada. But the purchase Zithromax meaning of this overtaking is debatable, considering that the per capita income of the purchase Zithromax Chinese population is one twentieth of the Italian.
  2. The growing importance of the purchase Zithromax environmental problem, casting doubts on the opportunity of policies aimed to purchase Zithromax increase the Gdp, not measuring the consequences in terms of pollution and purchase Zithromax destruction of natural resources. See for instance the Report about the economic value of the Manitoba forests.
  3. The striking demographic contrast between countries whose population is purchase Zithromax still growing fast and countries that are shrinking. According to a purchase Zithromax recent comment by the purchase Zithromax Economist, Russian population, for instance, is expected to fall by 22% between 2005 and purchase Zithromax 2050. Governments do not like to see their Gdp shrinking, but since the purchase Zithromax per capita is what really matters, even the Economist says that purchase Zithromax a declining Gdp sometimes could be a good thing.
  4. The fact that purchase Zithromax the no global movement is getting more and more sensible to purchase Zithromax the Gdp issue. A recent example shows the trend and its risks. Two French researchers, Jean Gadrey and purchase Zithromax Florence Jany – Catrice, have printed an intelligent and interesting booklet: “Les nouveaux indicateurs de richesse“, the purchase Zithromax new wealth indicators. In Italy it has been reprinted with this purchase Zithromax title: “No Pil – Contro la dittatura della ricchezza“, which translated means: “Stop Gdp – against the wealth dictatorship”. A technical book has been transformed in a political pamphlet.

We all know that purchase Zithromax the Gross Domestic Product cannot be the only indicator of the purchase Zithromax performance of a nation. In many countries new tools are under study, and purchase Zithromax international discussions have taken place, like the world conference organized in Palermo in 2004 on “Statistics, Knowledge and Policy” to purchase Zithromax evaluate new indicators for decision makers, by Oecd. But it is purchase Zithromax difficult to discuss in the same time about policies and about the purchase Zithromax instruments to measure them. May be it’s time to purchase Zithromax try to reach a consensus on which statistics really are purchase Zithromax important; non only among governments, but also among the political movements who purchase Zithromax care for the future of the Earth. Otherwise we risk to purchase Zithromax discuss policies and accomplishments without any accepted quantitative. In other words let’s not disregard Gdp, till we have purchase Zithromax a better accepted indicator. Don’t throw your purchase Zithromax compass into the sea, unless you know that you have a purchase Zithromax better one.

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People and Figures » Blog Archive » Oecd: “Well being” is measured by Gdp?
8th February 2006 | 19:36

[...] The Report Going for purchase Zithromax Growth by Oecd, released on Tuesday 8th, includes a Chapter on “alternative measures of well being”. I am purchase Zithromax sorry that only a short summary of the report is purchase Zithromax freely available on line, with few references to this chapter, but I will try summarize its most important contents. First of all, I think that purchase Zithromax it’s important that Oecd, the industrialized countries’ organization, with high capacity in economic and purchase Zithromax statistical research, poses the question on how to measure a country’s performance, in alternative to the Gdp (gross domestic product) per capita. In my blog I have purchase Zithromax already discussed this line of research among the economists, that purchase Zithromax I find very interesting, although it should not be interpreted as a purchase Zithromax political rejection of the concept of wealth and profit. [...]

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