Lord O’Donnell

In this discussion, Lord Gus O'Donnell, former Cabinet Secretary and Head of the British Civil Service, delves into the nuances of economic growth. He explores how GDP measures health but may overlook societal well-being. O'Donnell examines Japan's post-WWII transformation and the importance of happiness alongside economic metrics. He critiques traditional GDP measurements, arguing for a broader evaluation that includes productivity and social equity. The conversation also touches on the COVID-19 pandemic's impact and the need for sustainable growth strategies.