Engaging Decision-Makers in Moving Beyond GDP and Toward Wealth

The document advocates for moving beyond GDP toward comprehensive/inclusive wealth (C/IW) to better balance short-term goals with long-term environmental, social, and economic well-being. It emphasizes the need for capacity building for decision-makers and expanded measurement by national statistical offices.

• GDP is an inefficient measure of economic health and government policy, particularly during health and environmental crises, as it focuses on short-term market benefits and fails to answer whether current levels of well-being are sustainable.
• Transitioning to comprehensive/inclusive wealth (C/IW) measures requires capacity building for decision-makers to understand the differences between indices and requires national statistical offices to measure wealth across all dimensions.
• Adopting C/IW measures alongside traditional indicators allows decision-makers to better balance immediate imperatives with the long-term economic, social, and environmental factors that determine well-being.

APA

Bizikova,, R. S. (2022). Engaging Decision-Makers in Moving Beyond GDP and Toward Wealth. International Institute for Sustainable Development. https://www.iisd.org/publications/brief/engaging-decision-makers-moving-beyond-gdp-and-toward-wealth

Chicago

Bizikova,, Robert Smith,Livia. Engaging Decision-Makers in Moving Beyond GDP and Toward Wealth. International Institute for Sustainable Development, 2022. https://www.iisd.org/publications/brief/engaging-decision-makers-moving-beyond-gdp-and-toward-wealth.

Wikipedia

{{cite report |last1=Bizikova, |first1=Robert Smith,Livia |title=Engaging Decision-Makers in Moving Beyond GDP and Toward Wealth |publisher=International Institute for Sustainable Development |date=15 February 2022 |url=https://www.iisd.org/publications/brief/engaging-decision-makers-moving-beyond-gdp-and-toward-wealth |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{bizikova2022engaging, author = {Bizikova,, Robert Smith,Livia}, title = {{Engaging Decision-Makers in Moving Beyond GDP and Toward Wealth}}, institution = {International Institute for Sustainable Development}, year = {2022}, month = feb, url = {https://www.iisd.org/publications/brief/engaging-decision-makers-moving-beyond-gdp-and-toward-wealth}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }