Session V: Measuring Material Conditions of Households - Growth, Jobs, and Wealth
Third IMF Statistical Forum
This session addresses the need to go beyond measures of GDP to assess the well-being of households. Some key conceptual issues of what exactly should be measured remain. Therefore, the session examines the range of indicators that could be used to complement estimates of GDP to derive a more reliable measure of well-being. It will also examine how statisticians may go about compiling and disseminating distributional information for evidence-based policy. The session discusses the role of the UN’s Sustainable Development Goals in promoting the development of coherent measures of wellbeing.