A narrow focus on the gross domestic product as a measure of well-being is misleading, but economic growth is still important to achieve prosperity and sustainability

In the past, too much emphasis has sometimes been placed on gross domestic product (GDP) as a measure of well-being. Other indicators – such as health, education, CO2 emissions or the sustainable use of natural resources are equally important and should complement GDP. However, a complete departure from GDP or an end to economic growth would not be good ideas. Economic growth is an important determinant of prosperity and sustainability.

Higher productivity growth for a better and more sustainable economic development after Corona

Productivity gains – especially in service sectors – are important to overcome the economic crisis after Covid-19. This means that productivity should not be increased through more intensive work and more stress, but through technological, organizational or other means. Technological change can not only increase economic welfare, but also make our world more sustainable.

What caught my eye today: Productivity gains from teleworking, the science of progress, the demand for new currencies during a recession, and much more…

What caught my eye today: Productivity gains from teleworking, the science of progress, the demand for new currencies during a recession, and much more…

Higher productivity growth for a better and more sustainable economic development after the Covid-19 crisis

Productivity gains – especially in service sectors – are important to overcome the economic crisis after Covid-19. This means that productivity should not be increased through more intensive work and more stress, but through technological, organizational or other means. Technological change can not only increase economic welfare, but also make our world more sustainable.

A narrow focus on the gross domestic product as a measure of well-being is misleading, but economic growth is still important to achieve prosperity and sustainability

In the past, too much emphasis has sometimes been placed on gross domestic product (GDP) as a measure of well-being. Other indicators – such as health, education, CO2 emissions or the sustainable use of natural resources are equally important and should complement GDP. However, a complete departure from GDP or an end to economic growth would not be good ideas. Economic growth is an important determinant of prosperity and sustainability.

Higher productivity growth for a better and more sustainable economic development after the Covid-19 crisis

Productivity gains – especially in service sectors – are important to overcome the economic crisis after Covid-19. This means that productivity should not be increased through more intensive work and more stress, but through technological, organizational or other means. Technological change can not only increase economic welfare, but also make our world more sustainable.

Higher productivity growth for a better and more sustainable economic development after the Covid-19 crisis

Productivity gains – especially in service sectors – are important to overcome the economic crisis after Covid-19. This means that productivity should not be increased through more intensive work and more stress, but through technological, organizational or other means. Technological change can not only increase economic welfare, but also make our world more sustainable.

Higher productivity growth for better and more sustainable economic development after the Covid-19 crisis

Productivity gains – especially in service sectors – are important to overcome the economic crisis after Covid-19. This means that productivity should not be increased through more intensive work and more stress, but through technological, organizational or other means. Technological change can not only increase economic welfare, but also make our world more sustainable.

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