Beyond GDP: Measuring social progress in Europe. Koen Decancq – Erik Schokkaert Stirling June 2014. Introduction. “Beyond GDP” Quest for a measure of social progress Discussion on three levels: Principles for a measure of social progress
Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.
Beyond GDP:Measuringsocialprogress in Europe
Koen Decancq – Erik Schokkaert
Stirling June 2014
The ultimate criterion to evaluatesocialprogress is the well-being of individuals making up the society.
The well-being of individualsdepends on the outcomes in the different dimensions of life.
Accounting forcumulativedeprivationrequiresto construct first anindex of well-being at the individual level and thenaggregatethese well-being indices acrossindividuals.
The measure of individual well-beingshould respect the individualideasaboutwhat is a good life.
5 for Ann
9 for Bob
3 for Ann
7 for Bob
Justicerequires accounting forinequality in individual well-being.