Comparing Victoria's genuine progress with that of the Rest-of-Australia
Data(s) |
01/01/2006
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Resumo |
While a range of exogenous and endogenous factors affect the standard of living of most Australians in a more-or-less uniform way, the different social and economic-policies of each state government are likely to affect the levels of sustainable well-being experienced across the various states. With this in mind, a Genuine Progress Indicator (GPI) - a newly devised measure of sustainable well-being - is calculated for Victoria and the Rest- of- Australia (Australia minus Victoria) for the period 1986-2003. The GPI takes account of the various costs and benefits of economic activity in order to investigate the impact of a growing state or national economy on sustainable well-being.<br />By analysing the GPI results and the policies undertaken by the Victorian government, it is possible to determine what the state of Victoria is doing differently to the Rest-of-Australia that might be beneficial or detrimental to sustainable well-being. While our study reveals that Victoria is performing better than the Rest-of-Australia, it also highlights flaws in the policy-making process that have resulted in Victoria's Gross State Product (GSP) overstating its genuine progress.<br /> |
Identificador | |
Idioma(s) |
eng |
Publicador |
Southern Cross University, Centre for Policy Research and the Faculty of Business and Computing |
Relação |
http://dro.deakin.edu.au/eserv/DU:30009426/clarke-comparingvictoriasgenuine-2006.pdf http://search.informit.com.au/fullText;res=APAFT;dn=200609135 |
Direitos |
2006, Southern Cross University, Centre for Policy Research |
Palavras-Chave | #Australia #Victoria #sustainable well-being |
Tipo |
Journal Article |