Environmental Science
8 years ago

3G-GDP revolutionizes national economy accounting, prioritizing social welfare over GDP.

Journal of Liaoning Technical University
A new perspective of national economy accounting:from GDP to 3G-GDP
Yi Wang

Paper Summary

The traditional way of measuring a country's economic growth, like GDP, has limitations when it comes to measuring overall well-being. Researchers have introduced a new way called 3G-GDP to better evaluate social and economic development. This new method considers more factors than just GDP, providing a more accurate picture of a country's progress.

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