Tag: railways

Why chasing GDP makes life worse, not better.

Why chasing GDP makes life worse, not better.

“We can no longer simply use GDP growth rates to decide who the [party] heroes are,” President Xi Jinping speaking to party leaders in June 2014. [2] Instead, China’s leaders are adopting a new Quality of Life [QOL]measure. This is a significant cultural, economic and ethical shift. It has potentially […]