What GNDI Leaves Out Of Pacific Economies
The recent presentation of the 2025 Pacific Update at the University of South Pacific hosted by Australia National University on Gross National Disposable Income (GNDI), introduced a revised approach to economic measurement for the Pacific Island Countries (PICs). Delivered by Professor Stephen Howes, in collaboration with Dr. Rubiat Chowdhury, the presentation argued that GNDI is a more accurate measure of income for the region than the widely used Gross Domestic Product (GDP).
The failure of GDP as a national accounting metric is evident, and we should all agree that GDP has been a failure for Developing Countries and regions, particularly Pasifika.