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Well-being and the Wealth of Nations: How are They to Be Defined?

Méda, Dominique; Jany-Catrice, Florence (2013), Well-being and the Wealth of Nations: How are They to Be Defined?, Review of Political Economy, 25, 3, p. 444-460. 10.1080/09538259.2013.807671

Type
Article accepté pour publication ou publié
Date
2013
Journal name
Review of Political Economy
Volume
25
Number
3
Publisher
Taylor and Francis
Pages
444-460
Publication identifier
10.1080/09538259.2013.807671
Metadata
Show full item record
Author(s)
Méda, Dominique

Jany-Catrice, Florence
Abstract (EN)
Questions relating to well-being have recently returned to the limelight, notably with the publication in September 2009 of the Stiglitz-Sen-Fitoussi commission report on the measurement of economic performance and social progress. Has this commission changed the terms of the debate on what a society's wealth and well-being are? Has it proposed new paradigms? In accepting the limitations of GDP as a key indicator of well-being, has it developed a new theoretical foundation and new evaluation criteria suited to a very different situation and to very different priorities from those that prevailed at the time when GDP first became established as a measure of national economic performance? These are the main questions raised and reviewed by this paper.
Subjects / Keywords
Qualité de la vie; Bien-être; Indicateurs sociaux; Richesse; Indicateurs économiques
JEL
D63 - Equity, Justice, Inequality, and Other Normative Criteria and Measurement

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