The Stiglitz Report

The Stiglitz Report, led by economist Joseph Stiglitz, emphasizes that traditional economic measures like GDP don’t fully capture a country’s well-being or quality of life. It advocates for broader indicators that include health, education, environment, and social cohesion. The goal is to create a more accurate picture of progress, focusing on sustainable development and reducing inequalities. By doing so, policymakers can better address societal needs beyond just economic growth, leading to improved well-being for all citizens and a more sustainable future.