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Unformatted text preview: this measure also has shortcomings. For example, it cannot be used for cross-national
comparison and it is not a direct measure of national sustainability—it’s an environmental correction for GNP.140 Other measures that account for environmental costs and benefits are the Adjusted National Product, 141 the UN’s
System for Integrated Environmental and Economic Accounting, and the
Index of Sustainable Economic Welfare.142
Redefining Progress, a public policy organization, created the Genuine
Progress Indicator (GPI). The group’s mission is to “ensure a more sustainable
and socially equitable world for our children and our children’s children. 255 THE SOCIOLOGY OF SUSTAINABLE DEVELOPMENT Similar HDI, different income
Korea, Rep. of Similar income, different HDI
(PPP$) 4,000 Human
Philippines .900 10,000
6,000 2,000 Lao People's Costa Rica
Botswana .700 Dem. Rep.
Gabon .600 1,000 Sri Lanka Senegal
0 FIGURE 7.7 HDI versus GNP
SOURCE: From Human Development Report 1998, by United Nations Development Program, copyright © 1998 by
The United Nations Development Program. Used by permission of Oxford University Press, Inc. Working both within and beyond the traditional economic framework, Redeﬁning Progress generates and reﬁnes innovative policies and ideas that balance economic well-being, the environment, and social equity so that those
living today and those living in the future can have a better quality of life.”143
The organization has constructed the GPI in contrast to the gross domestic
product, which they argue is not a good measure of progress. In particular,
The GDP fails to distinguish between monetary transactions that genuinely add to well-being and those that diminish, try to maintain the
status quo, or make up for degraded conditions. . . . For example, the
GDP treats crime, divorce, legal fees, and other signs of social breakdown
as economic gains. Car wrec...
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This note was uploaded on 10/25/2010 for the course SOSCI INBA6610 taught by Professor Prescott during the Fall '08 term at University of the West Indies at St. Augustine.
- Fall '08
- The Land