Your new post is loading...
Most of the world's advanced economies are highly indebted and scrambling to create economic growth just to balance their books. But the imperative of growth doesn't necessarily advance the world's long-term interests, says Kenneth Rogoff, a Harvard economics professor and former chief economist of the IMF. In recent years, broader measurements of national welfare have been advanced, such as life expectancy, literacy and happiness. Such metrics are not always heavily influenced by GDP growth.
