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Alba Iulia
Thursday, May 28, 2020

AMLO proposes measuring welfare instead of GDP

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MEXICO.- President Andrés Manuel López Obrador decided to eliminate the measurement of the Gross Domestic Product (GDP) and concentrate on measuring the well-being and happiness of the population; “That is what we are up to,” he assured.

During the morning conference, he explained that his government is applying an alternative economic model, far from the policies of international organizations in order to benefit the poorest people.

“There is already a country in Europe that says that it is going to change the parameters and that they want to put aside the famous Gross Domestic Product, the GDP to measure and that they are going to add to economic, material growth, well-being, even the happiness of the people, of the people, that is what we are doing, that is our alternative model, ”he said.

He added that this model, in which the development plan for the country is no longer imposed, arises from the needs of the people, its resources and the power that Mexico has to strengthen its economy.

In this sense, he explained that the work they are doing in the current administration is concentrating on providing resources to the poorest population in the country to strengthen consumer power and thereby benefit all sectors.

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