The case for scrapping GDP

The case is growing to include social and environmental data in growth measures, but the prospect is remote as politicians cling to superficially higher GDP values during the financial crisis.

The case is growing to widen conventional measures of human wealth to take account of degrading natural assets, but the prospect is more remote as politicians cling to superficially higher GDP values during the financial crisis.

Business leaders, academics, lawmakers and green groups have pushed for including social and environmental data in national accounts at a sustainable development summit in Rio de Janeiro this week.

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