Beyond GDP
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Would you rather have the economy grow at 12 percent or 5 percent?
That’s not a trick question. An interesting new report by the Boston Consulting Group tries to measure not just the rate of economic growth around the globe, but the relative quality of that growth and how effectively governments are able to translate expanding economies into improvements in their societies’ overall well-being.
Read more here.
This article was originally published in Foreign Policy.
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