Cost, Expense, Externalities & NAFTA

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Presentation transcript:

Cost, Expense, Externalities & NAFTA

Externalities Included

Genuine Progress Indicator (GPI)

What does GPI include that GDP does not? Personal consumption Income distribution Levels of higher education Pollution Resource depletion Health of Population

Kuznets curve

Technology Transfer

Micro-economics

Economic Systems

Economic Health depends upon… Natural Capital Human Capital Manufactured Capital Valuation

Cradle – to – cradle system

Sustainability Meets our needs without compromising the needs of future generations. Will our children have access to: Food Water Shelter Education Public health and Life free of disease

Dr. Wangari Maathai

Environmental worldviews