Gross Domestic Product, also know as GDP, is not a sustainable indicator. Indeed it only focuses on the economy and makes no mention of societies and environment. So we need alternatives that would take that into account.
This is even more urgent with the current economic downturn. Indeed, even if things are slowly and difficultly getting better, we have an opportunity to change our way of reasoning and embrace a paradigm shift.
This is why the French President – Nicolas Sarkozy – asked the renowned economist and Nobelist Joseph Stiglitz to work on finding another indicator.