Decentring GDP: Well-being, care and time
In recent years, a number of proposals have highlighted how restrictive it is to use gross domestic product (GDP) as a measure of well-being. This document takes up those criticisms and also showcases the limitations of GDP as a measure of output. What GDP measures and what it excludes is a product of conventions that reflect androcentric biases. The failure to appraise natural resources and non-remunerated services produced by households results in a skewed perspective on the economy that focuses on markets and neglects other processes that are essential to human life. The Latin American and Caribbean region has a long history of political and technical agreements that emphasize the importance for societies of issues such as care, time distribution and well-being. The document proposes measuring what societies value and for decision-making to take on board measurements that complement GDP, time-use indicators in particular.
| Main Authors: | , |
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| Format: | Texto biblioteca |
| Language: | English |
| Published: |
ECLAC
2022-09-21
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| Subjects: | PRODUCTO INTERNO BRUTO, CONDICIONES ECONOMICAS, BIENESTAR SOCIAL, HOGARES, TRABAJO NO REMUNERADO, TIEMPO, VALOR, MEDICION, INDICADORES DEL DESARROLLO, GROSS DOMESTIC PRODUCT, ECONOMIC CONDITIONS, SOCIAL WELFARE, HOUSEHOLDS, UNPAID WORK, TIME, VALUE, MEASUREMENT, DEVELOPMENT INDICATORS, |
| Online Access: | https://hdl.handle.net/11362/48157 |
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