Genuine Progress Indicator

The Genuine Progress Indicator (GPI) is a measure of economic progress that takes into account whether a countries economic growth has resulted in the improvement of well being and quality of life for the people living there. The more commonly known and widely used economic progress indicator is the Gross Domestic Product (GDP) which only takes into account the total value of goods and services exchanged, and does not distinguish between less... Read More

Ecological Economics

An interdisciplinary framework that seeks to merge the two historically separate fields of economics and ecology. It assumes that: 1) there is an inherent link between the health of the Earth’s ecosystem and the economic system created by human beings; 2) the economy is a subsystem of the earth’s ecological system; and 3) by understanding how each system flows into and out of the other, each can thrive and prosper. Ecological Economics differs... Read More