Tuesday, 13 March 2012

The policy case for a tailor-made indicator of sustainable development for South Africa

  • Year: 2012
  • Author(s): Gaylor Montmasson-Clair; Peet du Plooy

Gross Domestic Product (GDP) is the main indicator used to measure economic activity. However, GDP is not designed to assess the welfare of a nation. This policy brief recommends the construction of a tailor-made sustainability indicator for South Africa, based on the Adjusted Net Savings methodology that would track the country's progress on a sustainable growth path, and also inform the trade-offs policymakers have to make.

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