For years, economists, policymakers, reporters, and the public have relied on the GDP as a shorthand indicator of progress. In 1995, Redefining Progress created a new measure of progress called the Genuine Progress Indicator (GPI).
It starts with the same accounting framework as the GDP, but adds the economic contributions of household and volunteer work, and subtracts factors such as crime, pollution, and family breakdown.
GPI Atlantic
The Nova Scotia research group GPI Atlantic is developing an index of
sustainable development and well being (GPI). Application of the GPI model to
Nova Scotia is intended to serve as a pilot project for Canada.
Alberta
Sustainability Trends
Alberta's Pembina Institute is undertaking a similar project in that
province, noting that while Alberta's GDP grew more than 400 percent from 1961
to 1999, the GPI was highest in the 1960s then fell 0.5 percent a year, reaching
a low in 1998.
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