Broad measures of economic progress
From The Art and Popular Culture Encyclopedia
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Although for many decades, it was customary to focus on GDP and other measures of national income, there has been growing interest in developing broad measures of economic well-being. National and international approaches include the Beyond GDP programme developed by the European Union, the Better Lives Compendium of Indicators developed by the OECD, as well as many alternative metrics of wellbeing or happiness. One of the earliest attempts to develop such an index at national level was Bhutan's Gross National Happiness Index and there are a now a number of similar projects ongoing around the world, including a project to develop for the UK an assessment of national well-being, commissioned by the Prime Minister David Cameron and led by the Office for National Statistics.
See also
- Bhutan GNH Index
- Disability-adjusted life year
- Economics
- Green national product
- Gender Development Index
- Genuine progress indicator
- Green gross domestic product
- Gross National Happiness
- Gross National Well-being
- Happiness economics
- Happy Planet Index
- Human Development Index
- Index of Sustainable Economic Welfare
- Progress (history)
- Progressive utilization theory
- Legatum Prosperity Index
- Leisure satisfaction
- Money-rich, time-poor
- OECD Better Life Index
- Post-materialism
- Psychometrics
- Subjective life satisfaction
- Where-to-be-born Index
- Wikiprogress
- World Happiness Report
- World Values Survey