The Daily Telegraph:
Call for statistics to measure quality of economic growth
7 March 2017
National figures on economic growth fail to take into account of regional variations and ignore quality of life, such as the gap in life expectancy between Surrey and the north east of England, the Inclusive Growth Commission warned.
Local productivity, local incomes, the distribution of earnings, pay changes for the lowest paid and levels of regional economic inactivity could all form part of this new inclusive growth metric, said the ICG which is chaired by Stephanie Flanders, JP Morgan’s chief market strategist. The Commission also includes former Rolls-Royce chief executive Sir John Rose and London School of Economics professor Henry Overman.