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Beyond GDP“ Indicators in the Czech Republic

Keywords: Sustainable development , wellbeing , EUROSTAT , OECD , “Beyond GDP” initiatives , alternative indicators

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Abstract:

Th is paper contributes to the ongoing debate on the “Beyond GDP” issues addressed in the Czech Republic andthe two member organizations: Organisation for Economic Co-Operation and Development and the EuropeanUnion. Traditional indicators such as e.g. Gross Domestic Product (GDP) and the Human Development Index(HDI) have been the main determinants used to measure the progress of nations. However, neither GDPnor the HDI refl ex the state of the natural environment and both focus on the short-term aspects, with noindication of whether current wellbeing can be sustained. We have applied a simple categorization frameworkthat revealed types of indicator-related initiatives run by the respective bodies. Th e framework is based onthe purpose of the alternative “Beyond GDP” indicators to replace, adjust or complement GDP. Yet the Czechpoliticians and experts have hardly used this term, the analysis has shown quite extensive activities in that fi eld.

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