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The genuine progress indicator is a concept in green economics and welfare economics that has been suggested to replace gross domestic product as a metric of economic growth. GPI is an attempt to measure whether a country's growth, increased production of goods, and expanding services have actually resulted in the improvement of the welfare of the people in the country. GPI advocates claim that it can more reliably measure economic progress, as it distinguishes between worthwhile growth and uneconomic growth.

Produktbeschreibung
The genuine progress indicator is a concept in green economics and welfare economics that has been suggested to replace gross domestic product as a metric of economic growth. GPI is an attempt to measure whether a country's growth, increased production of goods, and expanding services have actually resulted in the improvement of the welfare of the people in the country. GPI advocates claim that it can more reliably measure economic progress, as it distinguishes between worthwhile growth and uneconomic growth.