Moving beyond GDP to achieve the SDGs
| Published date | 2022-09-01 |
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| Author | Bizikova, Livia - Zoundi, Zakaria - Smith, Robert |
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Abstract:
World leaders increasingly believe it is time to move beyond GDP as the central measure of progress. At their 2018 meeting in Canada, Group of Seven heads recognized that GDP is “insufficient for measuring success.” In the same vein, the United Nations secretary-general wrote in 2021 that “it is time to collectively commit to complementary measurements”, calling our excessive reliance on GDP “a glaring blind spot in how we measure economic prosperity and progress.” This blind spot is one of the factors limiting the financing required to achieve the UN Sustainable Development Goals and realize the 2030 Agenda.