The GDP paradox

Bergh, Jeroen C.J.M. van den

doi:10.1016/j.joep.2008.12.001

Cited by 341 publications

(96 citation statements)

References 71 publications

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“…To have a sustainable scale of economic activity, we need to maintain resource extraction within the regenerative capacity of ecosystems, and wastes within their absorptive capabilities-or, more generally, not cross planetary boundaries (Rockström et al, 2009 (Muraca, 2012). Sustainability is a normative concept in relation to the inter and intragenerational types of justice, and it gives the same weight to both (Tremmel, 2009). Degrowth is a debate with origins in the demand of justice between the Global North and Global South in a intragenerational context, but it also addresses the intergenerational justice level, by focusing for instance the need to respect planetary boundaries.…”

Section: Degrowth and Ecological Economics Policy Objectivesmentioning

confidence: 99%

Assessing the degrowth discourse: A review and analysis of academic degrowth policy proposals

Cosme

Santos

O'Neill

2017

Journal of Cleaner Production

209

106

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Highlights We present a review of a selection of peer-reviewed degrowth articles. We identify inconsistencies between the degrowth discourse and proposals for action. Identified degrowth proposals are mainly national top-down approaches not local bottom-up ones. Proposals aim for sustainable scale and fair distribution over efficient allocation. Proposals should be analysed in combination to arrive at a degrowth policy mix. ACCEPTED MANUSCRIPTand analysing a set of proposals for action retrieved from a selection of articles. total of 128 peerreviewed articles focused on degrowth were reviewed, and 54 that include proposals for action were analysed. The proposals identified align with three broad goals: (1) Reduce the environmental impact of human activities; (2) Redistribute income and wealth both within and between countries; and (3) Promote the transition from a materialistic to a convivial and participatory society. The findings indicate that the majority of degrowth proposals are national top-down approaches, focusing on government as a major driver of change, rather than local bottom-up approaches, as advocated by many degrowth proponents. The most emphasised aspects in the degrowth literature are related to social equity, closely followed by environmental sustainability. Topics such as population growth and the implications of degrowth for developing nations are largely neglected, and represent an important area for future research. Moreover, there is a need for a deeper analysis of how degrowth proposals would act in combination.

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Section: Degrowth and Ecological Economics Policy Objectivesmentioning

confidence: 99%

Assessing the degrowth discourse: A review and analysis of academic degrowth policy proposals

Cosme

Santos

O'Neill

2017

Journal of Cleaner Production

209

106

View full text Add to dashboard Cite

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“…The aim of this paper is to compare three methods of ranking nine Southeast European countries in order to measure their economic development and to rank them. Two widely-used indicators for measuring development; the GDP per capita and HDI, are criticised for their imperfections and limitations (Stiglitz et al 2009a;van den Bergh 2009;Grimm et al 2008;Norberg 2010;Luque et al 2016). Many researchers have been trying to improve methodology or to find a new one, as well as a new indicator that will represent a good measure of countries' welfare.…”

Section: Discussionmentioning

confidence: 99%

“…However, since these two indicators have some limits and cannot be the only indicators of wealth new ones should be introduced (Cachanosky 2009;Davidson 2000;Dowrick et al 2003;Kubiszewski et al 2013). Some of the problems related to the GDP are reliability of data, income distribution, and the fact that the informal economy is not included and not all aspects of human development are measured (Stiglitz et al 2009b;van den Bergh 2009;Norberg 2010). In addition to the GDP, the Human Development Index (HDI) is also one of the most widely used measures of human welfare.…”

Section: Introductionmentioning

confidence: 99%

A comparative analysis of development in Southeast European countries

Jednak

Kragulj

Bulajić

2015

Technological and Economic Development of Economy

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Abstract. There are different kinds of indicators which measure levels of development. The use of varying methods could alter the ranking of a particular country. In this paper, Southeast European countries are ranked according to the World Bank, the UNDP and the I-distance method. The aim of the paper is to provide a comparison between the ranking results obtained with those methods for the period 2007-2012. The principal objective of the study is the ranking of SEE countries using the I-distance technique -a multivariate statistical method for ranking entities -and to discover whether this method gives a better ranking of countries than income per capita and the HDI. To answer this question, similar variables of economic development are used within the research methods. Due to the observed period, some government finance variables are also included. Despite certain limitations, such as lack of data for SEE countries, the results show that the ranks of countries are highly similar regardless of the method used. Nevertheless, there are some differences in the countries' rankings in some years: there are small differences from year to year both in terms of HDI and GNI per capita. However, the I-distance method shows greater differences between countries.

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“…The GDP has maintained a firm position as a dominant economic indicator. Indeed, most economists in business and government, teachers of economics at various levels of education, and journalists, policy ISSN 1946-052X 2013 makers and politicians (regardless of their political preferences) continue to give much importance to GDP and calling for unconditional GDP growth (Jeroen, 2009).…”

Section: Cross Country Debt To Gdp As Economic Progress Indicator (%)mentioning

confidence: 99%

“…), net exports (the value of a country's exports minus the value of imports), and net capital formation (the increase in value of a nation's total stock of monetized capital goods) (Costanza, Hart, Posner & Talberth, 2009). In summary, Jeroen (2009) affirmed that gross domestic product (GDP) is the monetary, market value of all final goods and services produced in a country over a period of a year.…”

Section: Asian Journal Of Finance and Accountingmentioning

confidence: 99%

National Budget and Debt as Measures of Public Sector Performance: Empirical Evidence from Nigeria

Onalo

Lizam²,

Kaseri³

2013

AJFA

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Changing the bureaucratic culture of public sector into one that stresses client service and achievement of results, require public sector to clearly define its objectives and priorities as well as assessing its performance against well-defined benchmarks. The objective of this study is to empirically investigate the relationship between national budget and debt as measures of public sector performance. The data for the study were basically secondary data about Nigeria government as an emerging economy for the period 1960-2010. The data so collected were subjected to regression analysis, with budget performance as the independent variable and domestic, external and national debt as dependent variables. Augmented Dickey-Fuller Tests equation was employed to perform unit root tests for stationary and cointegration tests. The findings show that there is significant relationship between budget performance and domestic, external and national debt and these are appropriate and adequate in measuring public sector. The results also indicate that the poorer the budget performance the more the burden of national debt and its attendant cost, resulting into poor public sector performance and national underdevelopment. It is recommended that government should as a matter of transparent accountability prepare budget on accrual basis and put in place structures and mechanisms that will ensure the enactment of federal law making provisions for the amount that the government can borrow and the debt ceiling, which can only be increased with a vote by National Assembly.

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The GDP paradox

Cited by 341 publications

References 71 publications

Assessing the degrowth discourse: A review and analysis of academic degrowth policy proposals

Assessing the degrowth discourse: A review and analysis of academic degrowth policy proposals

A comparative analysis of development in Southeast European countries

National Budget and Debt as Measures of Public Sector Performance: Empirical Evidence from Nigeria

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