Genuine Progress Indicator (GPI): Definition, Formula, Vs. GDP
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YouTubeSimple Explain
Genuine Progress Indicator (GPI): Definition, Formula, Vs. GDP
The Genuine Progress Indicator (GPI) is a metric used to measure the economic growth of a country and is considered an alternative to the more well-known gross domestic product (GDP). It accounts for environmental and social factors, making it a better measure of growth from the perspective of green or social economics. However, some critics ...
2.1K viewsJan 30, 2024
Genuine Progress Indicator Explained
Today, the House debated our amendment to add the Genuine Progress Indicator to budgetary reporting. It would provide a more accurate assessment of economic well-being. GPI will help us identify the gaps and barriers preventing our most vulnerable communities from thriving. | Rep. Ilhan Omar
3:40
Today, the House debated our amendment to add the Genuine Progress Indicator to budgetary reporting. It would provide a more accurate assessment of economic well-being. GPI will help us identify the gaps and barriers preventing our most vulnerable communities from thriving. | Rep. Ilhan Omar
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