Sole emphasis on GDP growth is misguided policy

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The Tribune India

 Pritam Singh – Professor Emeritus, Oxford Brookes Business School, Oxford

The ‘Competitiveness Road Map for India@100’, recently released by the Economic Advisory Council to the Prime Minister, charts out the plan for India to become an upper-middle-income country by 2047. It looks impressive at first glance. However, a closer reading of the theory underpinning this policy goal would show this to be seriously flawed.

When GDP was introduced as an economic concept, it was rightly assumed to be an annual measure of exchangeable goods and services in a country and not as a direct measure of the welfare of the people in the country. Even GDP per capita, which is a better measure than the gross GDP because it takes into account the population in the country, is a flawed measure of welfare. The major weakness of GDP per capita is that it ignores the distributional dimension of GDP

(https://www.tribuneindia.com/news/comment/sole-emphasis-on-gdp-growth-is-misguided-policy-427619?fbclid=IwAR2iS7GQvN6C6IZ-OKgIY8i1yoV040vDv5qwd1F7W8pA9biQN_bYuSGjL0k)

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When public frustration becomes a security issue

By: Maurice Foley

The Government Administration Building, on Parliament Street, Hamilton

Hamilton, Bermuda:: Recognizing public frustration must never be confused with excusing threatening or abusive behaviour. There is no circumstance in which harassment, intimidation, or violence toward public officers is acceptable. Those actions undermine the rule of law and place unfair pressure on individuals who are simply doing their jobs.

However, focusing solely on security measures without addressing the underlying causes of public frustration risks missing the larger issue. Protective protocols may be necessary in the short term, but they cannot substitute for meaningful reform in how public services are delivered and managed.

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