1st Edition

Measuring Welfare beyond Economics The genuine progress of Hong Kong and Singapore

By Claudio O. Delang, Yi Hang Yu Copyright 2015
194 Pages 72 B/W Illustrations
by Routledge

210 Pages 72 B/W Illustrations
by Routledge

210 Pages 72 B/W Illustrations
by Routledge

Dissatisfaction with the Gross Domestic Product (GDP) as an indicator of a country’s development or a population’s wellbeing led to the development of the Genuine Progress Indicator (GPI). The GPI is an aggregate index of over 20 economic, social and environmental indicators, and accounts for both the welfare benefits of economic growth, and the social and environmental costs which accompany that... Read more

1. Problems with the GDP  2. Alternatives to GDP  3. The GPI as an alternative indicator of welfare  4. Items used to calculate the GPI  5. The GPI of Hong Kong: results  6. The GPI of Singapore: results  7. The "threshold hypothesis" and the two city states 8. Towards a Steady State Economy

Biography

Claudio O. Delang is Assistant Professor at the Department of Geography of Hong Kong Baptist University.

Yi Hang Yu is Researcher at the Department of Geography of Hong Kong Baptist University.