Is Green GDP the determinant for sustainable economic growth? A brief analysis of the metric’s pros and cons and potential usage.
What does Green GDP mean? Throughout history, a country’s economic growth has been mainly measured by Gross Domestic Product (GDP), which is the sum of a nation’s consumptions, investments, net exports and imports, and government spending. Later on, economists developed other metrics for evaluating growth, including GDP per capita and Gross National Income (GNI). Recently, […]