Comments on: Why do some (better) alternatives to GDP get picked up, while others sink without trace? Useful new study on political economy of indicators. https://oxfamblogs.org/fp2p/why-do-some-better-alternatives-to-gdp-get-picked-up-while-others-sink-without-trace-useful-new-study-on-political-economy-of-indicators/ How active citizens and effective states can change the world Thu, 13 Jul 2017 20:52:36 +0000 hourly 1 http://wordpress.org/?v=4.2.15 By: Vukile https://oxfamblogs.org/fp2p/why-do-some-better-alternatives-to-gdp-get-picked-up-while-others-sink-without-trace-useful-new-study-on-political-economy-of-indicators/#comment-4827 Wed, 06 Feb 2013 19:14:07 +0000 http://www.oxfamblogs.org/fp2p/?p=13574#comment-4827 BRAINPOoL seems quite adept at highlighting the selective hearing on which progress is measured. I remember my local currency having a rally against the dollar on one week and losing its gains the next week for the same reasons that the economists credited/discredited. I dont know if ecomomic development, impact and prospects will ever be calculated through algorithms and fancy equations, ever.

]]> By: David https://oxfamblogs.org/fp2p/why-do-some-better-alternatives-to-gdp-get-picked-up-while-others-sink-without-trace-useful-new-study-on-political-economy-of-indicators/#comment-4826 Tue, 05 Feb 2013 13:48:10 +0000 http://www.oxfamblogs.org/fp2p/?p=13574#comment-4826 Duncan – I think that the question of crisis as challenge/opportunity isn’t well addressed by either their comment or your Korea counter-example. In Korea, the government understood a crisis of understanding national well-being to exist; this is of course a ripe moment for going beyond GDP. While implicit, the quote you selected about the crisis seems to reference new GDP measures that cost money to address “other goods” such as ecology that libertarians/conservatives may be particularly likely not to value to begin with, and notes that this is even harder when each euro is “worth more”.

One, in other words, is a crisis about the question at hand; the other is a crisis that constrains the decision space about a separate advocacy agenda.

That’s not to say that the financial crisis couldn’t also be an opportunity for the right kind of new GDP (one that can promise to reduce debt or increase growth over time for example). But the financial crisis in Europe and the Korean question of suicide each make certain mental frames more salient, and depending on which ones, they will generally facilitate or obstruct efforts to change a given policy.

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