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GNP & Beyond: Searching for New Indicators - A View in Retrospect

Indian Journal of Industrial Relations

Volume 46 Issue 4

Published: 2011
Author(s) Name: Udo E. Simonis
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Abstract

World wide, GNP has been and still is not only the basic accounting concept but also the dominant societal goal and performance indicator. However, the question is on the agenda again whether time has come to look for alternative concepts and indicators. National and international committees are at work and may generate fresh ideas or reactivate older ones. This paper deliberately looks at the early attempts made to get out of the impasse and to break the deadlock of outmoded concepts. The expectations that again roam about indicate that something serious is at stake and that in due course a breakthrough might be possible, the author hopes.

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