GDP outdated as wellbeing indicator

At last even the EU commission is going beyond GDP as an indicator of standard of living, wellbeing and life quality etc:

"The Commission is working on a new tool to measure the wealth and wellbeing of countries beyond the traditional GDP. The new tool will aim to measure 'true' progress, taking environmental and social indicators into consideration."

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Comunidade Portuguesa de Ambientalistas
Ring Owner: Poli Etileno Site: Os Ambientalistas
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