Sarkozy turns toAmartya Sen for advice
FRENCH PRESIDENT Nicolas Sarkozy said on Tuesday that he has recruited two Nobel economists, Amartya Sen of India and Joseph Stiglitz of the US, to advise him on changing the way French economic growth is calculated so as to include quality-of-life factors.
Sarkozy said, "We must change the way we measure growth," adding that gross national product must be calculated taking into account the quality of life in France. New indices would improve the impression of growth performance among French people who can no longer accept the growing gap between statistics that show continuing progress (in growth) and the increasing difficulties hey are having in their daily lives.
Sarkozy said he had asked the two Nobel prize winners, "who have done a lot of work on these questions," to lead the analysis. Amartya Sen, who won the Nobel Prize in 1998, is a unique modern economist. He successfully bridges philosophy, ethics and economics. An outstanding theorist, an authority on
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To read the ePaper, visit: http://epaper.hindustantimes.com/
Sarkozy said, "We must change the way we measure growth," adding that gross national product must be calculated taking into account the quality of life in France. New indices would improve the impression of growth performance among French people who can no longer accept the growing gap between statistics that show continuing progress (in growth) and the increasing difficulties hey are having in their daily lives.
Sarkozy said he had asked the two Nobel prize winners, "who have done a lot of work on these questions," to lead the analysis. Amartya Sen, who won the Nobel Prize in 1998, is a unique modern economist. He successfully bridges philosophy, ethics and economics. An outstanding theorist, an authority on
To read the full story, click here.
To read the ePaper, visit: http://epaper.hindustantimes.com/
Labels: amartya sen, french economics., nicholas sarkozy

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