DEV Community

Fundacja Dobre Państwo
Fundacja Dobre Państwo

Posted on • Originally published at dobrepanstwo.org

From GDP to Well-Being: The New Anatomy of Measuring Development

This text provides an in-depth analysis of the evolution of economic indicators, moving away from a simplified model of GDP growth toward a comprehensive measurement of well-being. Drawing on the work of Joseph Stiglitz, the author exposes the flaws in statistical income averaging, which conceal the real decline in the standard of living of many social groups. The article introduces modern methodologies such as DINA and analyzes the impact of horizontal inequality on intergenerational mobility. A key conclusion is the recognition of institutional trust and social capital as hard economic resources. The publication sheds new light on the sense of insecurity among the middle class and the phenomenon of precariat, postulating a new anatomy of development measurement that prioritizes citizens' economic security over dry data on gross domestic product growth.

Top comments (0)