Development Futures: The world’s addiction to GDP

Can we measure national success beyond economic growth? Professor Robert Costanza speaks with the Lowy Institute’s Alexandre Dayant about why countries need to move away from gross domestic product as the measure of economic prosperity and factor in other complementary gauges of success. In a time of high inflation, increased cost of living, and growing environmental degradation, Professor Constanza argues that moving “beyond growth” is essential to achieving sustainable prosperity.