Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-06-08-Speech-3-445-000"

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"Gross domestic product is the best known measure of macro-economic activity. It was developed in the 1930s and has come to take on the role of a comprehensive indicator for overall societal development and progress in general. A series of international initiatives highlighted broad support by policy makers and experts from the fields of economics, environmental protection and civil society for the development of indicators to complement GDP, providing more comprehensive information to support policy making. GDP does not, in fact, provide a reliable basis for policy debate. In particular, it does not measure environmental sustainability or social integration. In the political and scientific discussion that has been going on for years, I believe the problem is more about how this approach can be achieved using clearly defined and quantifiable indicators. At European and Member State level, there have been many initiatives to fill the gaps in these areas. Unfortunately, there are only partial signs of coherent action. Therefore, while I acknowledge the importance of adopting a clearly defined system for measuring GDP, I call on the Commission to submit, in the first instance, a tiered strategy that shows how the new ‘Beyond GDP’ approach can be used in day-to-day political work."@en1

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