Sentences with phrase «genuine economic progress»

The work that I do around the world, particularly in developing countries, is primarily focused on showing how meeting basic human needs using the world's best practices in sustainable technology can leverage the creation of real jobs and real businesses that lead to genuine economic progress for even the most marginal of peoples.

In the face of this reality, what does genuine economic progress look like?

These indicators allow assessing whether the economic system is contributing to the increase of its wealth, the fall in its public debt, reducing levels of inflation, the generation of surpluses in the trade balance and balance of payments, the decrease in tax burden, the conquest of independence or reduction of economic dependence of the country on the outside and the achievement of a genuine economic progress.

Two leading American economists, William Nordhaus and James Tobin, undertook to take account of the criticisms and come up with a better measure of genuine economic progress.

On the other hand, if we redirected our efforts we could make genuine economic progress, even if it would be slow, and social and psychological progress could replace the present decline.

Not exact matches

So, in the case of a massive disaster, the cost of rebuilding afterwards increases GDP — meaning that if an economic indicator that took into account a broader spectrum of economic activity (such as the Genuine Progress Indicator), the real damages to Pakistan are likely larger than that 5 % GDP loss indicates.