The Beyond GDP Paradigm
A New Paradigm is a fundamental change in thinking, concepts, strategy, goals, behaviors and metrics for a system. The Beyond GDP Paradigm model presents a systems-based approach for a paradigm shift to a world governed by and for happiness, well-being, resilience and sustainability. A system is a inter-dependant and interacting group of elements - these include institutions, actors, procedures, processes, metrics, behaviors, values and principles - that form a whole. The Beyond GDP Paradigm model encompasses a wide array of human needs (also extending that consideration to other species), and to the domains of well-being, not just those so far counted by GDP. It is based on an understanding that a system must be equitable, without large gaps between rich and poor, and that it must be sustainable; that is, a society and economy must fit within Earth’s planetary boundaries; indeed, the global economy is a wholly-owned subsidiary of the earth itself. Click below to learn more about the elements of the Beyond GDP Paradigm model.
The Beyond GDP Model was conceived by Enrico Giovannini and first called the New Development Paradigm Working Model. It was further developed by John de Graaf, Ilona Boniwell, Robert Levine and Laura Musikanski.