Economy, GPI and Trade

GPI Technical Report

February 3, 2002
Publication
Mark Anielski

This is one of 28 reports that provide the background for the Genuine Progress Indicators (GPI) System of Sustainable Well-being Accounts. It explains how we derived the index that was earlier published in Sustainability Trends 2000: The Genuine Progress Statement for Alberta, 1961 to 1999.

While the GDP is a useful measure of the gross expenditures or income of an economy, it is an inadequate measure of the overall economic, social and environmental well-being of households, communities, business, government and the environment.

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