How to Measure a New Economy
Offered By: World Economic Forum via YouTube
Course Description
Overview
Explore alternative metrics for measuring economic progress beyond traditional GDP in this 46-minute panel discussion from DAVOS 2020. Delve into the growing criticism of GDP's limitations in capturing intangible factors of societal progress. Examine promising alternatives for measuring well-being, happiness, and ease of living. Learn about efforts to redesign statistics and policy frameworks, and strategies for scaling up wider adoption of new economic measures. Gain insights from expert speakers including Heizo Takenaka, Gillian R. Tett, Douglas L. Peterson, Mariana Mazzucato, and Saadia Zahidi as they discuss topics such as intangible assets, value creation, data collection methods, green GDP, and the defense of traditional GDP measures. Understand the complexities of measuring a new economy and the potential impact on global, regional, and industry agendas.
Syllabus
Intro
Whats wrong with GDP
Intangible asset
Value creation and utility
Japan
Media
Data collection
Data scraping
Fundamental data
Case studies
Corporate level
Green GDP
Comments
Defending GDP
GDP as a welfare measure
Doug Jones
Taught by
World Economic Forum
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