Gross Ecosystem Product - Indicator of Economy 4.0
2023
Pešić, Radmilo
Gross ecosystem product (GEP) is a measure of the contribution that the environment, and the ecosystems included in it, provide to the human well-being and social progress. The necessity of introducing natural capital into macroeconomic calculations was noticed during the second half of the twentieth century. Since then, a great effort to create ecological-economic indicators, has been made, with an aim to support the achievement of global sustainability. At the beginning of the 21st century, owing to innovations of the fourth scientific, technical and industrial revolution, the prerequisites, as well as the needs, for new, complex indicators are created, including the GEP and the Green Development Index (GDI) based on it. Today these indicators are mostly used in China, but interest in them is growing around the world. Unfortunately, there has been no attempt to monitor GEP and GDI in Serbia. This paper is intended to inform the professionals in Serbia with the global trends in the field.
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Editeur Faculty of Agriculture, Belgrade, Serbia
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