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Toward more inclusive measures of economic well-being: Debates and practices

Resources - Author: Günseli Berik / Year: 2018

This paper reviews debates and practice around the conventional and alternative measures of economic well-being. It presents alternative aggregate indicators, broadly referred to as “Beyond GDP”, that track non-market contributions to well-being, including household production and ecosystem services. Evaluating the major contending measures–Genuine Progress Indicator, Human Development Index, Happiness/lifeevaluation...

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