How do we have to adapt the measure of GNP to meet the requirements of sustainable development?
Answers
Sustainability measurement is the quantitative basis for the informed management of sustainability. The metrics used for the measurement of sustainability (involving the sustainability of environmental, social and economic domains, both individually and in various combinations) are still evolving: they include indicators, benchmarks, audits, indexes and accounting, as well as assessment, appraisal and other reporting systems. They are applied over a wide range of spatial and temporal scales.
Some of the best known and most widely used sustainability measures include corporate sustainability reporting, Triple Bottom Line accounting, and estimates of the quality of sustainability governance for individual countries using the Global Green Economy Index (GGEI), Environmental Sustainability Index and Environmental Performance Index. An alternative approach, used by the United Nations Global Compact Cities Programme and explicitly critical of the triple-bottom-line approach is Circles of Sustainability.
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Sustainable requirement is a quantitative basis for managing sustainability. The metrics which are used for this purpose is social and economic domain. Such domain includes taxes, accounting, audit and other reporting system.
GDP aggregates a value added of all money based economic and it is based on clear method so that comparison should be done with a time between countries.
GNP is similar to GDP but it measures income which is earned by citizens. GNP measures all the goods which are purchased by country in a given time.