(2001). Alternative policy indicators.
In: Barry, John and Frankland, E. Gene eds.
International encyclopedia of environmental politics.
London, UK: Routledge.
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It is now often argued that society is steering with the wrong compass. Most decision-making processes are based on Gross Domestic Product (GDP), favouring economic options that generate its increase. GDP has long since been used as an indicator of economic performance, progress, and even welfare. Moreover, it is on the basis of GDP that countries are internationally 'ranked'.
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