Douglas Beal: An alternative to GDP that focuses on wellbeing, not just wealth – W/Evaluation Form

Douglas Beal: An alternative to GDP that focuses on wellbeing, not just wealth

NCA Eval


Analysis Essay


Pers Eval


Info Eval


Most economists agree that GDP, the most widely used measure of a country’s success and growth, is a poor indicator of the overall wellbeing of a nation. Doug Beal created an alternative index that measures not just wealth but wellbeing. The new gauge takes into account such factors as income equality, sustainability and education. Beal shares insights on the development of the index and reveals how it offers a new perspective on which countries are the real winners and losers in the global economy.

TED@BCG was a TED-curated event featuring a diverse group of speakers from across the BCG community. Jointly produced by TED and BCG, the event put a spotlight on ideas, projects and insights that will contribute to the pursuit of growing ever onward and upward.

About the TED Institute: We know that innovative ideas and fresh approaches to challenging problems can be discovered inside visionary companies around the world. The TED Institute helps surface and share these insights. Every year, TED works with a group of select companies and foundations to identify internal ideators, inventors, connectors, and creators. Drawing on the same rigorous regimen that has prepared speakers for the TED main stage, TED Institute works closely with each partner, overseeing curation and providing intensive one-on-one talk development to sharpen and fine tune ideas.

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Written by Alexandra Jones


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