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The Brussels Times, 6 November 2024

For nearly a century, the economic measurement of progress has been – and still is – GDP. While it supposedly measures everything – the total production of the economy – there are still many areas of our economy which it leaves out.

From Caritas Europa’s perspective, the EU’s almost exclusive focus on GDP growth often comes at the cost of the wellbeing of people and the environment.

Constructively bucking the trend, Caritas Europa’s latest publication, “Going beyond economic growth: Europe’s role in building a just economy for the common good”, explains some of the myths and false premises underlying the EU’s green growth policies (contained in the EU’s Green Deal) and the new international partnerships proposed under the Global Gateway.

In his foreword for Caritas Europa’s publication, Olivier De Schutter, UN Special Rapporteur for Extreme Poverty and Human Rights, states “placing all our hopes into achieving an increase of the GDP, as a precondition for everything else, betrays a worrying failure of political imagination.”

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