Video: The GPI: An approach to measuring sustainable well-being?

Stephen Posner argues for a Genuine Progress Indicator. What do you think?

The Genuine Progress Indicator (GPI) builds from current economic indicators and essentially modifies GDP to include environmental, social costs and benefits.

In a number of studies at multiple scales, the GPI has proven useful as

  1. a measure of economic activity that also reflects natural capital and social capital;
  2.  a policy lens that can evaluate contributions to human well-being;
  3. and a catalyst for sparking debate about social progress and greener economic development.

The state of Maryland in the U.S. has developed an approach to measuring sustainable well-being that goes beyond gross state product. According to their website:

“Maryland developed its Genuine Progress Indicator to measure how development activities impact long-term prosperity, both positively and negatively.”

In the video below, Sean McGuire of the Maryland Department of Natural Resources demonstrates Maryland’s Genuine Progress Indicator, a new, innovative tool that will help build Maryland’s sustainable future.




The views expressed by bloggers express their views and opinions. The articles posted here have been reviewed for content. However, the content of the blog does not necessarily reflect the view or positions of Global Transition 2012 organisations.

About Us

Stakeholder Forum for a Sustainable Future, nef (the New Economics Foundation) and New Economics Institute are working in partnership to catalyse the Global Transition 2012 initiative.

New Economics Institute Stakeholder Forum NEF

Our Sponsors

The first and second Global Transition Dialogues have been made possible by the generous support of the VELUX Foundations; and the broader initiative activities are made possible by the generous support of the Ford Foundation

Velux Ford Foundation