GPI (Genuine Progress Indicator)
A recent (1990s) indicator developed to correct acknowledged deficiencies in the GDP that don’t account for all costs or benefits of human activities. It is an attempt to provide a more accurate (quality of life) indicator for people than the GDP does for governments and corporations. For example, natural catastrophes and industrial accidents contribute to […]
GNP (Gross National Product)
The total value of newly produced products and services produced in a year by a country’s companies (including profits from capital held abroad). Transactions in existing goods, such as second-hand cars, are not included, as these do not involve the production of new goods.
Global Warming
A term for the gradual, average increase of temperature of the Earth’s atmosphere and oceans. Local temperatures around the world, however, may increase or decrease in varying amounts. Global warming is accelerated by the greenhouse gases expelled into the atmosphere from human industry.
GDP (Gross Domestic Product)
A measure of economic production (and often standard of living) of a country. GDP calculates a nations total economic output of products and services. The GDP is problematic as a sustainability indicator because it considers the amount of money spent in a country in isolation, assuming more money spent means a healthier economy. Yet the […]
