How to measure the development of countries beyond economic growth

At the request of the US government, the economist Simon Kuznets (Nobel Prize in Economics in 1971) devised in the 30s of the last century an indicator that assigned a monetary value to the annual production of a country. Thus, almost 90 years ago, Kuznets designed a system to measure the production of goods and … Read more

https://awardworld.net/nobel-prize/how-to-measure-the-development-of-countries-beyond-economic-growth/