How Long to Read Measuring Welfare beyond Economics

How Long Does it Take to Read Measuring Welfare beyond Economics?

It takes the average reader 3 hours and 26 minutes to read Measuring Welfare beyond Economics by Claudio O. Delang

Assuming a reading speed of 250 words per minute. Learn more

Description

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 economic growth. The result is better information about the level of welfare or well-being of a country’s population. This book measures the GPI of Hong Kong and Singapore from 1968 to 2010. It finds that for both countries, economic output (as measured by the GDP) has grown more than welfare (as measured by the GPI), but important differences are also found. In Hong Kong, the GPI has grown for the whole period under consideration, while in Singapore the GPI has stalled from 1993. This is in line with most countries and is explained by the "threshold hypothesis" which states that beyond a certain level of economic development the benefits of further economic growth are outweighed by even higher environmental and social costs. The book argues that the growth of Hong Kong’s GPI is due to its favourable relationship with China and in particular its ability to export low-wage jobs and polluting industries, rather than successful domestic policies. A stalling or shrinking GPI calls for alternative policies than the growth economy promoted by neoclassical economists, and the book explores an alternative model, that of the Steady State Economy (SSE).

How long is Measuring Welfare beyond Economics?

Measuring Welfare beyond Economics by Claudio O. Delang is 199 pages long, and a total of 51,541 words.

This makes it 67% the length of the average book. It also has 63% more words than the average book.

How Long Does it Take to Read Measuring Welfare beyond Economics Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 41 minutes to read Measuring Welfare beyond Economics aloud.

What Reading Level is Measuring Welfare beyond Economics?

Measuring Welfare beyond Economics is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Measuring Welfare beyond Economics?

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