Why GDP is no longer the most effective measure of economic success

By: Momodou Camara (ACCA) As a macroeconomic indicator, GDP fails to capture much of the value created in the modern world. New metrics promise to track everything from happiness to natural capital. At the World Economic Forum’s 49th annual meeting in Davos, New Zealand Prime Minister Jacinda Ardern revealed that she would create the world’s … Continue reading Why GDP is no longer the most effective measure of economic success