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GDP growth is a positive metric, so economists want it to be positive. That's different from them wanting number to go up for the sake of numbers going up. As y
by Aunche 3y ago
GDP growth is a positive metric, so economists want it to be positive. That's different from them wanting number to go up for the sake of numbers going up. As your link points, one of the goals is "Accelerating economic equity – Enabling an equitable green transition and advancing gender equality, health equity, care, diversity and inclusion, and racial and social justice."
- orhmeh09 3y agoIn what direction is GDP growth positive? There are plenty of ways to grow GDP in ways that are basically pointless or actively harmful for the economy at large, society in general, and the environment.
- Aunche 3y agoThen do the good things and don't do the bad things? Externalities are something you learn in the second day of Econ 101.
- green_man_lives 3y ago> GDP growth is a positive metric, so economists want it to be positive. That's different from them wanting number to go up for the sake of numbers going up. Wanting something to go up for the sake of going up is how outsiders without the same ideological perspective view it. I was literally just trying to answer the question I don't understand why people are so pedantic on here
- Jigewi 3y ago> GDP growth is a positive metric, so economists want it to be positive. GDP would be a positive metric but I think it is flawed and also obsolete. I think other metrics like the HDI/IHDI and the Gini coefficient are better ones, in comparison.