Measuring what matters and guiding policy: An evaluation of the Genuine Progress Indicator

Berik, Günseli

doi:10.1111/ilr.12153

Cited by 15 publications

(8 citation statements)

References 43 publications

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“…However, the GPI is the indicator that measures overall well-being by adjusting for several negative externalities. What is important, as a monetary indicator, the GPI can be useful to evaluate the well-being impact of political actions (including social policy, Berik, 2020).…”

Section: Genuine Progress Indicatormentioning

confidence: 99%

Organizing for Sustainable Development

Angeli¹,

Metz²,

Raab³

2022

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The role and meaning of sustainable development have been recognized in the scientific literature for decades. However, there has recently been a dynamic increase in interest in the subject, which results in numerous, in-depth scientific research and publications with an interdisciplinary dimension. This edited volume is a compendium of theoretical knowledge on sustainable development. The context analysed in the publication includes a multi-level and multi-aspect analysis starting from the historical and legal conditions, through elements of the macro level and the micro level, inside the organization.Organizing Sustainable Development offers a systematic and comprehensive theoretical analysis of sustainable development supplemented with practical examples, which will allow obtaining comprehensive knowledge about the meaning and its multi-context application in practice. It shows the latest state of knowledge on the topic and will be of interest to students at an advanced level, academics and reflective practitioners in the fields of sustainable development, management studies, organizational studies and corporate social responsibility.

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Section: Genuine Progress Indicatormentioning

confidence: 99%

Organizing for Sustainable Development

Angeli¹,

Metz²,

Raab³

2022

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“…The GPI has been linked to the Sustainable Development Goals (SDGs) of the 2030 Agenda to create a set of indicators aimed at “ a prosperous, high quality of life that is equitably shared and sustainable ”(Costanza et al 2016 ). The need of aggregating multiple components into a single-value indicator leads to some arbitrary inclusion and exclusion of indicators (Berik 2020 ). Therefore, these indicators are inherently imperfect in capturing the complexity of reality, and they should be viewed rather as a guide towards sustainable well-being and not as sustainable well-being itself.…”

Section: Prioritizing Sustainable Well-beingmentioning

confidence: 99%

Building up an ecologically sustainable and socially desirable post-COVID-19 future

et al. 2021

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COVID-19 crisis has emphasized how poorly prepared humanity is to cope with global disasters. However, this crisis also offers a unique opportunity to move towards a more sustainable and equitable future. Here, we identify the underlying environmental, social, and economic chronic causes of the COVID-19 crisis. We argue in favour of a holistic view to initiate a socio-economic transition to improve the prospects for global sustainability and human well-being. Alternative approaches to “Business-As-Usual” for guiding the transition are already available for implementation. Yet, to ensure a successful and just transition, we need to change our priorities towards environmental integrity and well-being. This necessarily means environmental justice, a different worldview and a closer relationship with nature.

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“…While the GPI-just like GDP-is not a perfect measure of the performance of economies or a complete measure of welfare, and is still being refined, it represents a meaningful departure (along with other wellbeing measures) from the growth-only mantra. As pointed out by Berik [10], the GPI "was the first aggregate welfare indicator to incorporate an inequality adjustment that deducts the cost of inequality from personal consumption expenditures" (p. 79). Its inclusive nature is reflected by it being both a measure of economic performance and of social progress.…”

Section: Inclusive Economicsmentioning

confidence: 99%

Inclusive Economic Sustainability: SDGs and Global Inequality

Niekerk

2020

Sustainability

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In view of the 2020 global health crisis and its repercussions on the global economy, the need to redirect conventional economic thinking towards securing global economic sustainability is most critical. The Sustainable Development Goals (SDGs) are a significant move in this direction. However, in the past few years, a clearer understanding of inclusive economics and sustainability indicators have progressed our ability to reduce economic exclusion, chiefly represented by global inequality. Collective wellbeing within the “global village” is shaped largely by these avenues/directions, thus presenting the question: can an improved combination of sustainability priorities be identified that would substantially enhance countries’ adoption of the SDGs? New, inclusive paths to economic progress are essential to a world economy in crisis recovery mode. The aim of the paper is to qualitatively identify key indicators from these different directions to, collectively, address some of the most significant drivers of global inequality, thus improving the adoption rate of the SDGs. As its main contribution, the study found that for economic inclusivity to realistically reduce global inequality its full integration into three areas is necessary: business models, public policy and community development. This should also be supported by “social covenants” to facilitate improved SDG adoption by countries.

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Measuring what matters and guiding policy: An evaluation of the Genuine Progress Indicator

Cited by 15 publications

References 43 publications

Organizing for Sustainable Development

Organizing for Sustainable Development

Building up an ecologically sustainable and socially desirable post-COVID-19 future

Inclusive Economic Sustainability: SDGs and Global Inequality

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