Today: September 23, 2024
February 2, 2023
1 min read

More than GDP

Valentine jumps into the void

It is definitely good news, the announcement by the Central Bank that the economy grew 4.9% in 2022. GDP growth means that there is more work, more jobs and more wealth, which influences investment decisions and the Government, which You can use it as collateral if you need to borrow. But it is not synonymous with well-being for all or for the majority of the population; It is of little use to us to grow and grow if the well-being resulting from that growth is not well distributed. We also have to talk about other measurements such as the Gini index, which studies wealth distribution, and Human Development: life expectancy, literacy, education, access to opportunities.

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