ABSTRACT
The problems with the GDP discussed in the previous chapter led to the development of several alternative indicators that attempted to improve, supplement or replace the GDP. In this chapter we introduce some of such indicators, many of which were developed in an effort to measure sustainable well-being. We will also identify the deficiencies of these indicators. In the first section we introduce indicators which have economic data as the centrepiece, and can be said to adjust and improve the GDP. In the second section, we look at indicators which do not include economic data, or give it secondary importance, and therefore can be said to replace the GDP.
