Th4.3: ^^ The Genuine Progress Indicator Flashcards
How is the Genuine Progress Indicator calculated?
from 26 different indicators grouped into three main categories: economic, environmental and social
What does it aim to look at?
economic sustainably - to ensure development does not limit the amount produced and consumed in the future
What does the economic category look at?
personal consumption, inequality and the cost of unemployment
What does the environmental category account for?
the cost of pollution, loss of natural areas, CO2 emissions, ozone depletion and the depletion of non-renewable resources
What are the indicators in the social category?
the 10 indicators range from the value of housework and parenting to the cost of crime and commuting to the value of volunteer work
Why do some argue that development is unsustainable?
the genuine progress indicator tends to show developed countries experiencing negative growth over time, due to their impact on the environment
What is another supposed problem with the genuine progress indicator?
some argue the index is biased and is constructed to prove the anti-growth case
Moreover what can show development levels and is easier to calculate than indexes?
figures like changes in electricity production or the numbers with a mobile phone per thousand