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

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Date
2013
Dewey
Economie politique
Sujet
Qualité de la vie; Bien-être; Indicateurs sociaux; Richesse; Indicateurs économiques
JEL code
D.D6.D63
Journal issue
Review of Political Economy
Volume
25
Number
3
Publication date
2013
Article pages
444-460
Publisher
Taylor and Francis
DOI
http://dx.doi.org/10.1080/09538259.2013.807671
URI
https://basepub.dauphine.fr/handle/123456789/11564
Collections
  • IRISSO : Publications
Metadata
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Author
Méda, Dominique
status unknown
Jany-Catrice, Florence
status unknown
Type
Article accepté pour publication ou publié
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.

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