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  • TIME

    Against GDP

    Nov 22, 2019 2 minutes
    By David Pilling

    THIS YEAR, NEW ZEALAND BECAME THE FIRST NATION TO formally drop gross domestic product (GDP) as its main measure of economic success. The government of Prime Minister Jacinda Ardern said the budget would aim not at maximizing GDP but instead at maximizing well-being.

    Apart from schools, hospitals and roads, whose budgets

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