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GDP is not a valid indicator of welfare in a country


GDP is not a valid indicator of welfare in a country
© CyprusMail 2021
By Andreas Charalambous and Omiros Pissarides
It is generally acknowledged that the ultimate objective of governments should be to improve the welfare of their citizens. Traditionally, the GDP per capita, which measures the production of goods and services, is used as a representative indicator.
At a scientific level, however, the use of GDP as a welfare indicator is strongly contested. The criticism relates to the difficulty in making international comparisons, because of different price levels and unequal distribution of wealth among countries. Even more important, from a practical perspective, is. ....

Andreas Charalambous , Omiros Pissarides ,

New Covishield schedule of 12-16 wks in CoWin | India News


NEW DELHI: The government has reconfigured the CoWin platform to reflect the new dosing schedule of 12-16 weeks for Covishield as against the previous scheme where vaccination bookings could be made six weeks after the first shot.
The CoWin authorities said if an online appointment has already been made for a second dose of Covishield as per the previous schedule, it would remain valid and a shot can be received as planned. However, vaccination centres are turning away even those with valid appointments and this part of the directive may need to be made clear to state health departments.
“Online appointments that have been already booked for second dose of Covishield will remain valid and are not being cancelled by CoWin. We have also asked states and UTs to honour the appointments booked prior to the change in dosing interval, mainly to avoid any inconvenience,” a senior official said. ....

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Shining Vale | Courteney Cox | Greg Kinnear e Mira Sorvino nella serie STARZ
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