Document Type

Article

Publication Date

January 2004

Abstract

Using the Genuine Progress Indicator (GPI), the article seeks to evaluate the quality of life in modern Mexico. The GPI employs the same indicators used to arrive at per capita GDP, but adds positive and negative monetary and non-monetary actors that affect people's lives. Monetary factors include income distribution, increased health care cost due to air and water pollution, and loss of wetlands. Non-monetary factors involve parenting, time spent in highways, loss of leisure time, the cost of volunteer work, and other social costs. If one takes these into account, the purchasing power and quality of life of Mexican citizens are considerably lower than the per capita GDP would indicate.

Comments

© 2005 Transaction Publishers.

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