Jump to ContentJump to Main Navigation
Beyond GDPMeasuring Welfare and Assessing Sustainability$
Users without a subscription are not able to see the full content.

Marc Fleurbaey and Didier Blanchet

Print publication date: 2013

Print ISBN-13: 9780199767199

Published to Oxford Scholarship Online: May 2013

DOI: 10.1093/acprof:oso/9780199767199.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a monograph in OSO for personal use (for details see www.oxfordscholarship.com/page/privacy-policy).date: 23 July 2019

Measuring Sustainability

Measuring Sustainability

(p.35) Chapter 2 Measuring Sustainability
Beyond GDP

Marc Fleurbaey

Didier Blanchet

Oxford University Press

This chapter focuses on the specific issue of sustainability. It first discusses the shortcomings of approaches in terms of either intertemporal or sustainable well-being. It considers the way the intertemporal dimension of well-being comes up in the assessment of individual well-being, how it suggests measuring well-being in terms of global wealth, and how concepts of sustainable consumption or well-being derive from this idea. Notions such as net domestic product (NDP) or green GDP are economy-wide counterparts of these concepts. The chapter examines why such an approach raises more problems than expected, arguing in favor of measuring sustainability separately. It then focuses on the second divide, that is, between monetary and nonmonetary approaches. It explores approaches that have the potential advantage of subsuming the weak/strong opposition. This confirms that monetary approaches are not by construction unable to capture the strong view of sustainability. However, the very theoretical nature of all that can be proposed for fully adequate sustainability indexes is emphasized.

Keywords:   sustainable well-being, intertemporal well-being, monetary approaches, net domestic product

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .