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Jon Hall, Human Development Report Office, UNDP
BEYOND GDPA UN PERSPECTIVE
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FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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1. GDP correlates with everything that’s important
FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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Growth does not always correlate with other aspects of development
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1. GDP correlates with everything that’s important
2. My hands are tied as there’s no political demand
FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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0%
5%
10%
15%
20%
25%
30%
29% 25%
13% 13% 12%
9%8%
9%
Thriving2006 2007 2008 2009 2010 2011 2012 2013
$0
$1,000
$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
$10,000
$5,028
$5,435 $5,838 $6,056
$6,337
$6,466 $6,614 $6,553
GDP per capita, PPP*
EGYPT GDP & WELL BEING
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1. GDP correlates with everything that’s important
2. My hands are tied as there’s no political demand
3. My hands are tied as there’s no public demand
FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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PUBLIC DEMAND
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1. GDP correlates with everything that’s important
2. My hands are tied as there’s no political demand
3. My hands are tied as there’s no public demand
4. Its too political for statisticians
FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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“What we measure affects what we do. If we have the wrong metrics, we will strive for the wrong things. In the quest to increase GDP, we may end up with a society in which most citizens have become worse off.”
Joseph Stiglitz, Nobel Laureate, 2009
STATISTICS ARE POLITICAL
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1. GDP correlates with everything that’s important
2. My hands are tied as there’s no political demand
3. My hands are tied as there’s no public demand
4. Its too political for statisticians
5. These new measures aren’t meaningful
FIVE EXCUSES TO STAY BEHIND GDP
I KNOW THE LIMITATIONS OF GDP BUT….
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LIFE SATISFACTION VS THE HDI
34
56
78
.2 .4 .6 .8 1Human Development Index (HDI)
95% CI Fitted valuesOverall Life Evaluation
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FIVE THINGS TO DO BETTER
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1. Go Beyond the Field of Dreams
FIVE THINGS TO DO BETTER
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1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
FIVE THINGS TO DO BETTER
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1316
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
FIVE THINGS TO DO BETTER
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1317
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
FIVE THINGS TO DO BETTER
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1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
FIVE THINGS TO DO BETTER
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1319
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
4. Investigating Impact
FIVE THINGS TO DO BETTER
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1320
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
4. Investigating Impact
FIVE THINGS TO DO BETTER
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1321
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
4. Investigating Impact
5. Recognise the Importance of the Process: Empathy and Understanding
FIVE THINGS TO DO BETTER
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1322
1. Go Beyond the Field of Dreams
2. Habituating Statisticians & Policy People
3. Empowering Statisticians as Reluctant Revolutionaries
4. Investigating Impact
5. Recognise the Importance of the Process: Empathy and Understanding
FIVE THINGS TO DO BETTER