Gross Domestic Problem by Lorenzo Fioramonti
The Politics Behind the World's Most Powerful Number (Economic Controversies)

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Gross domestic product is one of the best-known and most powerful statistics in the contemporary world. It drives government policy on a variety of vital areas, from health to education. Yet perhaps for the first time since its invention in the 1930s, a wide range of people regard this icon of economic growth as a problem. Gross Domestic Problem unpacks GDP – what it measures, what it doesn’t, and why – and reveals the powerful politics that have allowed it to dominate today’s economies. Lorenzo Fioramonti demonstrates just how little GDP has to do with equity and social and environmental justice, and shows that an alternative is possible.

About Lorenzo Fioramonti

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Lorenzo Fioramonti is Jean Monnet Chair in Regional Integration and Governance Studies and Associate Professor of Political Science at the University of Pretoria (South Africa), where he directs the Centre for the Study of Governance Innovation. He is also Senior Fellow at the Centre for Social Investment of the University of Heidelberg and at the Hertie School of Governance (Germany) as well as Associate Fellow at the United Nations University.
Published January 17, 2013 by Zed Books. 224 pages
Genres: Business & Economics, Political & Social Sciences, Education & Reference, Science & Math. Non-fiction

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