Mr. John McCarthy:

The focus of the EU, OECD, IMF, and so forth has moved away from just looking at GDP as a measure of our living standards, etc. The indicators tend to complement GDP with fiscal and environmental sustainability measures, inclusiveness and so forth. There is a work stream at a European level in Eurostat looking at some of these issues. Every two years we get together with the OECD to compile a report on the economy and consider sustainability as being more widely defined than just simply GDP. It is an area that a lot of work is being done on both in the Department and internationally.