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Measuring Welfare beyond Economics: The genuine progress of Hong Kong and Singapore (Routledge Studies in Sustainable Development) - Tapa dura

Libro 17 de 42: Routledge Studies in Sustainable Development

Delang, Claudio O.; Yu, Yi Hang

 
9780415813839: Measuring Welfare beyond Economics: The genuine progress of Hong Kong and Singapore (Routledge Studies in Sustainable Development)

Sinopsis

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).

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Acerca del autor

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.

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9780367332853: Measuring Welfare beyond Economics: The genuine progress of Hong Kong and Singapore (Routledge Studies in Sustainable Development)

Edición Destacada

ISBN 10:  036733285X ISBN 13:  9780367332853
Editorial: Routledge, 2019
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