The present study is one of the first research efforts in Greece for the Genuine Progress Indicator (GPI), which has emerged in the relevant “Beyond GDP” literature as an alternative framework, among others, that seeks to address the limitations of Gross Domestic Product (GDP). GPI integrates a wide range of economic, social, and environmental components into a single composite index, allowing for a holistic evaluation of a country’s genuine progress.
Apart from demonstrating the empirical applicability of GPI for the Greek economy, the present study reinforces the broader theoretical argument of the “Beyond GDP” movement, as genuine progress transcends simple monetary transactions and must be understood on the basis of social and ecological foundations of well-being.
Authors
Dr. Panos Kalimeris is Assistant Professor of Ecological Economics at the Department of Economic and Regional Development, Panteion University of Athens, Greece, and Research Associate at the Institute of Urban Environment & Human Resources (UEHR).
Dr. Christos Tsirimokos is a Research Associate at the Agricultural Economics Research Institute (AGRERI), Hellenic Agricultural Organization “Dimitra”, and Post-Doc Researcher at the Department of Agribusiness and Supply Chain Management, Agricultural University of Athens.
Dr. Georgios Maroulis is Post-Doc Researcher Economics at the Department of Economic and Regional Development, Panteion University of Athens, Greece, Research Associate at the Institute of Urban Environment & Human Resources (UEHR) and Project Manager at eclareon GmbH.
The research was co-funded by the Nicos Poulantzas Institute and the transform!europe network.
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