GDP not enough to measure a country’s development. What if we used Sustainable Development Goals instead?

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GDP not enough to measure a country’s development. What if we used Sustainable Development Goals instead?

Credit: Xabi Oregi from Pexels

****** domestic product (GDP) has long been the main indicator of economic growth used almost everywhere in the world.

However, the measurement does not take into account other factors essential to a country’s growth and development, such as social inequalities, the environment and the well-being of citizens.

In the last ten years,

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have prompted

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We are two researchers affiliated with the

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at the

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. In recent years, we have become interested in the question of implementing the

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. In this article we explain why we believe it is now necessary to think about an alternative measure of economic activity and growth.

Sustainable development, much more than an environmental issue

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is a universal action plan to promote sustainable development by considering social, economic and environmental aspects. It is meant to apply to all countries, even the richest.

At the heart of the agenda are 17 Sustainable Development Goals (SDGs). These cover a wide range of development challenges, encompassing aspects of human well-being, equity and social inclusion. The goals explicitly recognize that sustainable development cannot be achieved through isolated actions focused on a single dimension (the environment, for example), but require a co-ordinated effort across several domains.

The 17 Sustainable Development Goals.

Could SDGs be used to replace traditional growth measures such as GDP? This is one of the questions we raised at

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. In this article, we provide the beginnings of an answer.

Beyond GDP

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is a new concept that expresses the need for a more inclusive and sustainable measure of development that goes beyond simply assessing a country’s economic output.

Using the 2030 Agenda as an example, this article proposes an exploratory analysis of the role of this global framework in the context of wealthy countries, using Canada and France as examples.

We identify and analyze the various policies set in place by these two countries to align their development strategies with the SDGs. Although these actions are real, they remain largely unknown to the general public. Our aim is to shed light on these initiatives and show their potential as measures of development.

Multidimensional goals

The SDGs offer an alternative, more comprehensive means for measuring countries’ progress and development and represent a clear departure from traditional economic indicators such as GDP.

The

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through a negotiation process involving the 193 member states of the ******* Nations, to address a series of interconnected global challenges humanity faces.

But more importantly, the SDGs recognize the need for a change in direction in what is now a context of profound and rapid economic, social and environmental transformations. For example, the SDGs were designed to address extreme ********, social inequality, the climate crisis and biodiversity loss. By contrast, as a measure of economic activity, GDP does not take into account the equitable distribution of wealth, the sustainability of growth or the preservation of natural resources.

In short, adopting the SDGs as a multiscale measure (from the most local to continental and global scales, via the national level) of countries’ growth and development could make it possible to assess countries’ progress in a more representative, fairer and more inclusive way, in line with the principles of sustainable development.

France takes action

But is it really possible to measure sustainable development? To answer this question, we first need to look at the efforts individual countries are making.

The case of France offers an interesting perspective on how to integrate SDGs into measurements of development. By hosting COP21, the UN climate conference in 2015, France not only served as a platform for the adoption of the

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, it also took on the role of mediator between nations and helped forge a global consensus on the need to limit global warming.

France acted quickly in operationalizing the SDGs by implementing a series of strategies, initiatives and collaborations. For example, France’s

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, published in September 2019, focuses on a fair transition and a transformation of the societal model to promote

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.

In addition, French policies emphasize

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. For example, the

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to register, review and assess its actions and projects in relation to the implementation of the SDGs in its urban area.

And what about Canada?

The process of integrating the SDGs in Canada, although more recent than in France, is showing encouraging signs through various ongoing initiatives.

In 2021, Canada adopted

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. For Canada, this represents, first and foremost, a commitment to meet its international obligations to the ******* Nations by aligning its actions with the 17 SDGs, while adopting a more holistic approach to improving the economic, social and environmental well-being of its population.

In order to quantify the SDGs, indicators need to be put in place and information collected. To do this, Statistics Canada created the

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, which plays an important role in monitoring and reporting Canada’s progress on the SDGs to the ******* Nations. This online portal offers freely accessible data.

Although this project is still in its first steps, Statistics Canada is continuing to examine different sources of data that could potentially be used to report on the SDGs to international bodies such as the UN, as well as internally to various ********* stakeholders, including governments, the private sector, civil society and communities.

A colossal task

Despite this progress, there is still a huge amount of work to be done. Adopting the SDGs as a measure of development in rich countries requires a major paradigm shift. Many challenges need to be overcome, particularly in terms of methodology, data collection, policy implementation and social acceptability.

The SDGs and their indicators represent a useful and innovative instrument for measuring the development of societies that takes into account a multiplicity of social and environmental factors, as well as political and economic ones.

Even if achieving the SDGs or decarbonizing the economy by 2030 seems unattainable,

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. Not achieving all the targets doesn’t mean we should give up trying. This is provided, of course, that we take a step in the right direction by adopting a holistic approach to sustainable development, as opposed to using strictly economic indicators such as GDP. The vision proposed by the SDG framework provides a framework and objectives for guiding and implementing public policies that are better adapted to current and future challenges.

Provided by
The Conversation

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Citation:
Opinion: GDP not enough to measure a country’s development. What if we used Sustainable Development Goals instead? (2024, May 1)
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