BRAINPOoL Workshop 24 March 2014: Jon Hall presentation

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Jon Hall, Human Development Report Office, UNDP

BEYOND GDPA UN PERSPECTIVE

132

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

133

1. GDP correlates with everything that’s important

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

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Growth does not always correlate with other aspects of development

135

1. GDP correlates with everything that’s important

2. My hands are tied as there’s no political demand

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

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0%

5%

10%

15%

20%

25%

30%

29% 25%

13% 13% 12%

9%8%

9%

Thriving2006 2007 2008 2009 2010 2011 2012 2013

$0

$1,000

$2,000

$3,000

$4,000

$5,000

$6,000

$7,000

$8,000

$9,000

$10,000

$5,028

$5,435 $5,838 $6,056

$6,337

$6,466 $6,614 $6,553

GDP per capita, PPP*

EGYPT GDP & WELL BEING

137

1. GDP correlates with everything that’s important

2. My hands are tied as there’s no political demand

3. My hands are tied as there’s no public demand

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

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PUBLIC DEMAND

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1. GDP correlates with everything that’s important

2. My hands are tied as there’s no political demand

3. My hands are tied as there’s no public demand

4. Its too political for statisticians

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

1310

“What we measure affects what we do. If we have the wrong metrics, we will strive for the wrong things. In the quest to increase GDP, we may end up with a society in which most citizens have become worse off.”

Joseph Stiglitz, Nobel Laureate, 2009

STATISTICS ARE POLITICAL

1311

1. GDP correlates with everything that’s important

2. My hands are tied as there’s no political demand

3. My hands are tied as there’s no public demand

4. Its too political for statisticians

5. These new measures aren’t meaningful

FIVE EXCUSES TO STAY BEHIND GDP

I KNOW THE LIMITATIONS OF GDP BUT….

1312

LIFE SATISFACTION VS THE HDI

34

56

78

.2 .4 .6 .8 1Human Development Index (HDI)

95% CI Fitted valuesOverall Life Evaluation

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FIVE THINGS TO DO BETTER

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1. Go Beyond the Field of Dreams

FIVE THINGS TO DO BETTER

1315

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

FIVE THINGS TO DO BETTER

1316

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

FIVE THINGS TO DO BETTER

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1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

FIVE THINGS TO DO BETTER

1318

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

FIVE THINGS TO DO BETTER

1319

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

4. Investigating Impact

FIVE THINGS TO DO BETTER

1320

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

4. Investigating Impact

FIVE THINGS TO DO BETTER

1321

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

4. Investigating Impact

5. Recognise the Importance of the Process: Empathy and Understanding

FIVE THINGS TO DO BETTER

1322

1. Go Beyond the Field of Dreams

2. Habituating Statisticians & Policy People

3. Empowering Statisticians as Reluctant Revolutionaries

4. Investigating Impact

5. Recognise the Importance of the Process: Empathy and Understanding

FIVE THINGS TO DO BETTER

1323

Jonathan.hall@undp.org