Intervention de M. Paul Schreyer, Directeur de la Statistique, OCDE

Commission Stiglitz-Sen-Fitoussi : questions classiques relatives au PIB




Stiglitz-Sen-Fitoussi Commission

  • Report in 3 parts
  • Classical GDP Issues deals with measuring material well-being in a system of national accounts
  • Quality of life deals with measuring other dimensions well-being
  • By way of introduction, a quick reminder about the nature of GDP

Classical GDP Issues - Material living standards

  • One dimension of well-being = material living standards
  • Classical GDP Issues in the report of the Commission deals with measuring material well-being in a system of national accounts
  • By way of introduction, a quick reminder about the nature of GDP

What GDP is …

  • GDP is:
- A measure of aggregate economic activity
- Captures market and some non-market activities
- Measures the supply and demand of final products within ‘production boundaries
- Directly linked to supply side and jobs
- And correlated with many aspects of living standards, in particular in comparisons of very different groups of countries

…and what it is not

  • GDP is not:
- A measure of current well-being – too many dimensions of well-being are not captured
- A direct measure of living standards
- A measure of sustainability of human activity of any kind

  • None of this is new and has long been recognised, first of all by national accountants

So what can be done?

  • Make more use of the wealth of existing measures in the national accounts
  • De-emphasise the role of the single indicator ‘GDP’
  • Supplant core national accounts with satellite accounts
  • Here are 5 more specific messages

Intervention de M. Paul Schreyer, Directeur de la Statistique, OCDE
Paul Schreyer

Poste actuel: Directeur de la Statistique, OCDE
1979 — 1986: PhD en Economie
1986 — 1988: Chercheur à l'Institut de recherche économique Ifo

Séminaire Rabat, Janvier 2010 | Conférence Paris, Juillet 2008 | Conférence OMD 2009 | Congrès international population Marrakech, 2009 | Side Event OMD, New York 2010 | Journée Mondiale de la Statistique, Rabat 2010


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