The South African Civil Society Information Service

Economic Growth Is Not Enough

1 Apr 2014

Since 1970 global economic growth has quadrupled and is set to quadruple again by 2050. Economic growth is doing extremely well and yet there are some things that aren’t coming along with it. There is more deprivation, increased environmental degradation and growing inequality in the world. So what should economies be aimed at? Politicians are hung up on keeping the growth curve rising. But does GDP really tell us all we need to know about a country's wealth and well-being? In this new RSA Short, Kate Raworth makes a powerful argument to look beyond economic growth alone for a true measure of prosperity and progress.

Kate Raworth is an economist teaching at Oxford University, and is focused on the rewriting of economics to make it a fit tool for addressing the 21st century’s social and ecological challenges.

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You can find this page online at http://sacsis.org.za/site/article/1962.