Growth is the main priority of economic policy, but it is now apparent that the environmental and social costs of growth are too high. If growth is no longer the goal of economic policy, what are the alternatives? "Alternative Economic Indicators" looks at this issue in the context of National Income accounting. After discussing and rejecting various possible ways of adjusting the existing systems of Gross National and Gross Domestic Product, Victor Anderson argues for an expanded conception of economics which gives attention to environmental and social indicators, as well as to financial ones. He discusses a selection of possible indicators and argues for a particular set. He presents and analyzes statistical data on the selected indicators for 14 countries and draws conclusions about the issue of indicators and the state of the world. This book should be of interest to lecturers and students of economics, environmental science and the general reader interested in green issues.
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The main objective of politicians is to maximise economic growth, which heavily drives political policy and decision-making. Critics of the maximisation of growth as the central aim of economic policy have argued that growth in itself is not necessarily a good thing, particularly for the environment; however, what would replace the system and how it would be measured are questions that have been rarely answered satisfactorily. First published in 1991, this book was the first to lay out an entirely new set of practical proposals for developing new economic measurement tools, with the aim of being sustainable, ‘green’ and human-centred. Victor Anderson proposes that a whole set of indicators, rather than a single one, should play all the roles that GNP (Gross National Product) is responsible for.
With a detailed overview of the central debates between the advocates and opponents of continued economic growth and an analysis of the various proposals for modification, this title will be of particular value to students interested in the diversity of measurement tools and the notion that economies should also be evaluated by their social and environmental consequences.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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