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Routledge Measuring Welfare beyond Economics - Hong Kong & Singapore

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Description

Standard economic metrics like Gross Domestic Product (GDP) often fail to capture the true quality of life within a nation. This book from the Routledge Studies in Sustainable Development series addresses this gap by examining the Genuine Progress Indicator (GPI). Unlike GDP, the GPI serves as an aggregate index of more than 20 economic, social, and environmental indicators. By accounting for both the welfare benefits of economic growth and the social and environmental costs that accompany it, this work provides a more accurate picture of population well-being. This specific study applies the GPI framework to Hong Kong and Singapore, offering a detailed look at their development through a lens that values sustainable progress over simple monetary growth. It is an essential resource for those studying how to measure real human welfare in a modern global economy.

Key Features

Explores the Genuine Progress Indicator (GPI) as a comprehensive alternative to traditional GDP measurements.

Analyzes over 20 distinct economic, social, and environmental indicators to provide a holistic view of development.

Provides a comparative study of welfare and well-being specifically within Hong Kong and Singapore.

Balances the benefits of economic expansion against the social and environmental costs of growth.

Part of the respected Routledge Studies in Sustainable Development academic series.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
03 July 2015
Listed Since
06 August 2012

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