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Paper · arXiv

GAGI: A Gini-Adjusted GDP-per-Capita Index for Distribution-Aware Macroeconomic Welfare Monitoring

GDP per capita is the default lens through which governibng bodies track the economic prosperity and consequences of economic events , yet it is blind to two first-order determinants of lived prosperity: income/wealth distribution and inflation impact. Inequality-adjusted income measures are themselves not new but What is missing from the macroeconomic monitoring toolkit specifically is not a welfare concept but an operational monitoring trigger: a statistic minimal enough to compute annually from public data, transparent enough to audit without modelling assumptions, and normalised so that year-on-year, cross-country change ? the quantity a regulator needs to act on? is legible. We assem...

AuthorsSivasathivel Kandasamy
Primary categoryecon.GN
Published8 June 2026
Last updated at source8 June 2026
econ.GNcs.AI
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