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

Günseli Berik

International Labour Review, 2020, vol. 159, issue 1, 71-94

Abstract: This article examines the Genuine Progress Indicator (GPI), which seeks to respond to the shortcomings of GDP and the main contemporary challenges to welfare. As a monetary indicator, the GPI is uniquely suited to evaluate the impact of policy proposals and its dashboard‐like features are able to track changes in contributing variables. While the GPI is currently not available for use in cross‐country analyses, it will be measurable using a standard methodology once certain data issues have been resolved and a consensus is reached on GPI 2.0. Currently, the main obstacles to its widespread use are lack of political leadership and institutional support.

Date: 2020
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
https://doi.org/10.1111/ilr.12153

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:intlab:v:159:y:2020:i:1:p:71-94

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0020-7780

Access Statistics for this article

International Labour Review is currently edited by Mark Lansky

More articles in International Labour Review from International Labour Organization Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().