Traditional ways of measuring economic growth and performance are good for measuring output and spending, but do not really help governments measure effects on the environment or on our well-being. The search for metrics that go beyond growth, income and GDP was stepped up after the 2008 financial crisis and in the face of challenges such as climate change and poverty, and the OECD Better Life Initiative forms part of that effort.

Nobel Prize-winning economist Joseph Stiglitz, who was chief economist at the World Bank, talked to us in 2011 about the new means of measuring progress, well-being, and social and environmental sustainability, and the need for policies that address what people care about in their lives. Read Joseph Stiglitz's 2009 OECD Observer article, "Progress, what progress?", available on OECD i-Library. [ Ссылка ]

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ABOUT THE OECD
The Organisation for Economic Co-operation and Development (OECD) is an international organisation established in 1960 that works collaboratively to build better policies for better lives. Our goal is to shape policies that foster prosperity, equality, opportunity and well-being for all. Together with governments, policy makers, policy shapers, and citizens, we work on establishing evidence-based international standards and finding solutions to a range of social, economic and environmental challenges.

From improving economic performance and creating jobs to fostering strong education and fighting international tax evasion, we provide a unique forum and knowledge hub for data and analysis, exchange of experiences, best-practice sharing, and advice on public policies and international standard-setting. To learn more about the OECD, our global reach, and how to join us, go to [ Ссылка ]. To keep up with latest at the OECD, visit [ Ссылка ].

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