5 min listen
Miles Kimball on Measuring National Well-Being
FromIMF Podcasts
ratings:
Length:
19 minutes
Released:
Dec 2, 2021
Format:
Podcast episode
Description
For all its strengths in measuring a country's economy, GDP falls short when it comes to gauging the well-being of its residents. For example, per capita GDP numbers today suggest people in the US are better off now than they were before the pandemic, regardless of the enduring social and economic upheaval. The recognition that GDP cannot encompass many dimensions of well-being has prompted a search for measures that reflect a more complete account of what people care about. Miles Kimball is a Professor at the University of Colorado, Boulder, and is developing the principles for a national well-being index. In this podcast, Kimball says the index would also serve to grade governments. Transcript: https://bit.ly/3lfnD8c Read the F&D article at IMF.org/fandd
Released:
Dec 2, 2021
Format:
Podcast episode
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