Work detail

Gross Domestic Product As A Welfare Index. Beyond GDP.

Author: Bc. Martin Baletka
Year: 2010 - summer
Leaders: doc. Ing. Tomáš Cahlík CSc.
Consultants:
Work type: Bachelors
Language: English
Pages: 57
Awards and prizes:
Link:
Abstract: This thesis demonstrates that the gross domestic product,
invented to measure market economic activity is often
wrongly re-interpreted as welfare of well-being index.
Further, it describes the on-going discussion about possible
replacement of the gross domestic product as it does not
reflect future needs.
The thesis is not intended to invent new measure, but rather
to describe and sum up the most interesting ideas and
think-tanks around the world to provoke further discussion
on the topic. Additionally, selected alternative indices are
introduced and compared to the gross domestic product.
And last but not least, selected alternative approaches like
subjective well-being and gross national happiness are
present.

Partners

Deloitte

Sponsors

CRIF
McKinsey
Patria Finance