Home > Term: genuine progress indicator (GPI)
genuine progress indicator (GPI)
Alternative to gross domestic product (GDP) that purports to measure economic welfare (Cobb, Halstead and Rowe, 1995). It is based on the Index of Sustainable Economic Welfare (ISEW).
- Part of Speech: noun
- Industry/Domain: Environment
- Category: Environment statistics
- Company: United Nations
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Creator
- J.Small
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