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Gross domestic product, as an indicator of the comparative power of major countries

Author

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  • Jacques Fontanel

    (CESICE - Centre d'études sur la sécurité internationale et les coopérations européennes - IEPG - Sciences Po Grenoble - Institut d'études politiques de Grenoble - UGA [2016-2019] - Université Grenoble Alpes [2016-2019])

Abstract

GDP is often used to compare the power of states. Firstly, GDP is not a concept that aggregates all the power of a country, especially since its construction is no longer adapted to the new demands of an overexploited and polluted land. Secondly, chronological and international estimates lead to inaccurate interpretations of the strength of states. If China has a GDP equivalent to that of the United States, except for the population, it is far behind all other criteria (well being, technology, science, education, military strength, power of the national currency, in particular) compared not only with the United States, but also to Europe. We need to restore the content of GDP to today's economic and environmental conditions and to define new complementary concepts that take into account national security, social cohesion, education, health, the maintenance of biodiversity and the ability to innovate.

Suggested Citation

  • Jacques Fontanel, 2019. "Gross domestic product, as an indicator of the comparative power of major countries," Working Papers hal-02265576, HAL.
    • Handle: RePEc:hal:wpaper:hal-02265576
    Note: View the original document on HAL open archive server: https://hal.univ-grenoble-alpes.fr/hal-02265576
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    File URL: https://hal.univ-grenoble-alpes.fr/hal-02265576/document
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    References listed on IDEAS

    as
    1. Jacques Fontanel & Natalia Sushcheva, 2019. "La puissance des GAFAM," Post-Print hal-02196915, HAL.
    2. Jacques Fontanel & Jean-Paul Hebert & Ivan Samson, 2008. "The Birth Of The Political Economy Or The Economy In The Heart Of Politics: Mercantilism," Defence and Peace Economics, Taylor & Francis Journals, vol. 19(5), pages 331-338.
    3. Jacques Fontanel & Jean-Paul Hébert & Ivan Samson, 2008. "The birth of the political economy or the economy in the heart of politics," Post-Print hal-02059663, HAL.
    4. Jacques Fontanel & Manas Chatterji, 2008. "War, peace and security," Post-Print hal-02388881, HAL.
    5. Ron Smith & Jacques Fontanel, 2008. "International security, defence economics and the powers of nations," Post-Print hal-02091131, HAL.
    6. Jean-François Guilhaudis & Jacques Fontanel, 2019. "Les effets « pervers » de l’usage du PIB pour la décision politique et les relations internationales," Post-Print hal-02197761, HAL.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Jacques Fontanel, 2020. "Le New Deal Vert, la troisième révolution industrielle ? Une analyse de la pensée de Jeremy Rifkin," Working Papers hal-02577489, HAL.
    2. Jacques Fontanel, 2020. "Economie et réchauffement climatique," Post-Print hal-03350874, HAL.
    3. Jacques Fontanel, 2020. "La troisième révolution industrielle en marche," Working Papers hal-02881055, HAL.

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