Valuing maternal, newborn, child and adolescent health for societal progress - Going beyond the economic orthodoxy of gross domestic product

Editorial Material Business

The Irrationality of Rationality in Market Economics: A Paradox of Incentives Perspective

Jagannadha Pawan Tamvada et al.

Summary: Current incentive structures are not aligned with solving the world's problems, creating a paradox. It is necessary to rethink and restructure these incentives, especially during and post the COVID-19 pandemic, to create new opportunities for societal transformation.

BUSINESS & SOCIETY (2023)

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Article Economics

GDP, Wellbeing, and Health: Thoughts on the 2017 Round of the International Comparison Program

Angus Deaton et al.

Summary: The International Comparison Project published its latest results for 2017, which were broadly in line with earlier results from 2011. The relationship between national accounts measures and health is a focus, particularly in the context of the COVID-19 epidemic. While GDP is important, it also has many limitations that need to be considered.

REVIEW OF INCOME AND WEALTH (2022)

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Editorial Material Medicine, General & Internal

Child health and wellbeing dashboards: accountability for children's rights

Jennifer Requejo et al.

LANCET (2022)

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Article Ecology

An appraisal of interlinkages between macro-economic indicators of economic well-being and the sustainable development goals

David Cook et al.

Summary: This paper explores the limitations of economic growth as a measure of progress and the call for alternative measures of economic well-being in alignment with Sustainable Development Goals. It presents a conceptual model linking different capital assets to well-being goals and evaluates the alignment of various economic well-being indicators with SDG targets. The Genuine Progress Indicator is found to be the most comprehensive in coverage, directly linking to targets in fourteen of the seventeen SDGs.

ECOLOGICAL ECONOMICS (2021)

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Editorial Material Medicine, General & Internal