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Tuesday, 07 June 2011

MEPs to vote on "beyond GDP initiative"

Gross domestic product has been used as a measure of macro-economic activity since the 1930s and is often used as an indicator for development in general, but for some GDP has clear limitations - for example, it doesn't measure the environmental and social aspects of progress. The "Beyond GDP initiative" aims to develop indicators that are as clear as GDP but include other measurements of progress. Danish Conservative Anna Rosbach has drafted a report on the initiative, which will be voted in plenary Tuesday. She told gave an interview to the European Parliament web editors.

Source: European Parliament