About: Genuine progress indicator is a research topic. Over the lifetime, 158 publications have been published within this topic receiving 9329 citations. The topic is also known as: GPI.
TL;DR: In this article, the authors argue that the scale of human activity in the biosphere has grown too large and that change is needed in the approach to economic activity: "correction and expansion a more empirical and historical attitude less pretense on being science and willingness to subordinate the market to purposes that it is not geared to determine."
Abstract: The scale of human activity in the biosphere has grown too large. The perspective is that change is needed in the approach to economic activity: "correction and expansion a more empirical and historical attitude less pretense on being science and willingness to subordinate the market to purposes that it is not geared to determine." The economic proposal is concerned with the extent to which the economy supports healthy communities; it is related to the 19th-century Roman Catholic economic theory of Pesch. It is critical of contemporary economics and reflects the concerns of an economist and a theologian. The 4 parts to the books differentiate between the present state of economics as a deductive science and the consequences for the market measures of success homoeconomicus and the land in Part I and an alternative approach in Part II. The alternative is not to shape economics to science but to the realities of the world with the idea that better abstractions will evolve. Part III addresses policies in the US and their implications. Part IV pertains to the attainment of the objectives in an alternative economy. The vision is participatory and sustainable. The appendix provides an index of sustainable welfare between 1950-86 annually which includes net capital growth foreign versus domestic capital and environmental damage; there are 24 separate measures to show how to improve welfare. The caveats and limitations are also discussed. Also included for 1950-86 annually is an index of income inequality the value of services and highways public expenditures on health and education counted as personal consumption defensive private expenditures on health and education the cost of commuting the cost of urbanization the cost of air pollution the loss of agricultural land energy consumption as a measure of longterm environmental damage and net capital growth. The results show that the true health of the economy is discouraging. The generalized income measure/capita increased .84%/year between 1951-60 increased 2.01% between 1960-70 or .50% slower than the gross national product growth for the same period declined .14% between 1970-80 and declined 1.26% during the 1980s. This pattern is stable even with the exclusion of resource depletion and environmental damage.
TL;DR: The conceptual requirements for an adequate CSI are: (i) to consider environmental, economic and social aspects from the viewpoint of strong sustainability; (ii) to capture external impacts (leakage effects) of city on other areas beyond the city boundaries particularly in terms of environmental aspects; (iii) to create indices/indicators originally for the purpose of assessing city sustainability; and (iv) to be able to assess world cities in both developed and developing countries using CSI as discussed by the authors.
TL;DR: In this article, the Genuine Progress Indicator (GPI) has been used as an economic welfare indicator for 17 countries for which GPI has been estimated over the 1950-2003 time period.
TL;DR: The inverted U-shaped curves that presumably result from the observation that "as income goes up there is an increasing environmental degradation up to a point, after which environmental quality improves" seem to be merely anecdotes that don't make history.
TL;DR: In this article, the inappropriate use of Gross Domestic Product (GDP) as a measure of national well-being, something for which it was never designed, is discussed in terms of their motives, objectives, and limitations.
Abstract: This paper is a call for better indicators of human well-being in nations around the world. We critique the inappropriate use of Gross Domestic Product (GDP) as a measure of national well-being, something for which it was never designed. We also question the idea that economic growth is always synonymous with im-proved well-being. Useful measures of progress and well-being must be measures of the degree to which society’s goals (i.e., to sustainably provide basic human needs for food, shelter, freedom, participation, etc.) are met, rather than mea-sures of the mere volume of marketed economic activity, which is only one means to that end. Various alternatives and complements to GDP are discussed in terms of their motives, objectives, and limitations. Some of these are revised measures of economic activity while others measure changes in community capital—natu-ral, social, human, and built—in an attempt to measure the extent to which development is using up the principle of community capital rather than living off its interest. We conclude that much useful work has been done; many of the alternative indicators have been used successfully in various levels of community planning. But the continued misuse of GDP as a measure of well-being neces-sitates an immediate, aggressive, and ongoing campaign to change the indica-tors that decision makers are using to guide policies and evaluate progress. We need indicators that promote truly sustainable development—development that improves the quality of human life while living within the carrying capacity of the supporting ecosystems. We end with a call for consensus on appropriate new measures of progress toward this new social goal.