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The Times

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The leading alternative to GDP is languishing over a technical disagreement – with grave potential consequences

  • Written by: Eoin McLaughlin, Professor in Economics, University College Cork

Many commentators believe that the world should move away from measuring economic success in terms of GDP growth. Yes, growth has brought prosperity and untold riches, but it has had significant negative side effects for the planet, including climate change, pollution and species extinction. None of these are captured in GDP data.

A whole...

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