It’s time to move beyond GDP

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By Leith van Onselen

Benje Patterson, a Senior Economist at NZ’s Infometrics, has penned a timely piece at Interest.co.nz today calling for regional policy makers to move beyond GDP as a measure of economic well-being:

Gross Domestic Product (GDP) is often missused as a headline measure of the well-being of people in New Zealand and around the globe, even though such conclusions go beyond what GDP was originally designed for.

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.