GDP를 넘어: 국민후생의 측정지표로서 25개 대안 GDP 비교 · 분석 = Beyond GDP: An Analysis of 25 Alternative Indices of GDP as Measures for National Welfare

다국어 초록 (Multilingual Abstract)

The aim of this study is to set a starting point from which to develop an alternative to the GDP system based on its limitations and the existing indices. We examine alternative indices of GDP among 11 international organizations, 10 OECD member countries and 4 cities, from a comparative perspective. The comparison is made based on three criteria: the backgrounds and aims, methodologies and components (sub-indicators) of each index. The results of the analysis show that each of the 25 indices has more than 1 objective among the 3: measuring the quality of life, pursuing sustainability, and presenting a vision and policy recommendations. Each index also differs in the methodology: some have a single indicator system, while others have a dashboard or a list of all sub-indicators. Lastly, components (sub-indicators) of the 25 indices are classified into universal and unique indicators. Based on the findings, we draw four implications for the development of an alternative to GDP. First, a new index needs to incorporate a time dimension for a sustainable economy and well-being in terms of its aims. Second, building a single indicator system is recommended to make it work as a signpost to a desirable future for human life in terms of a methodology. Third, non-economic activities creating social values need to be considered, such as housework, volunteer work and civic participation in terms of components. Fourth, it is necessary for a new index to measure both the objective and subjective aspects of welfare.