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27-430: The platform consists of a dashboard, that provides data and insights into key indicators - measuring areas such as wellbeing, environmental quality, quality of public services and security - alongside an interactive tool Your Better Life Index (BLI) , which encourages citizens to create their own indexes by ranking each of the indicators according to the importance in their lives. The index and tool were created as part of

54-842: A nation could be measured, without relying on the uni-dimensional gross domestic product (GDP) measure. The Commission was formed in February 2008 and Joseph E. Stiglitz was named as the Chair. Amartya Sen was the Economic Adviser and the French Economist Jean-Paul Fitoussi was the Coordinator. The Final Report was published in September 2009. An additional contribution from the aforementioned three main organizers which specifically addresses

81-578: A population control policy to minimize damage to the environment? While others argue that the Better Life Index unlike the Gross National Happiness Index does not pay attention to religion. Critics also state that the Better Life Index ignores good family life or moral formation. Others have criticized its methodology such as the use of relative scores instead of absolute ones. The insights provided by user inputs into

108-418: A second generation implementation holistic (objective and subjective) concept and by treating happiness as a socioeconomic development metric that would provide an alternative to the traditional GDP indicator, the new metric would integrate subjective and objective socioeconomic development policy framework and measurement indicators. In 2006, a policy white paper providing recommendations for implementing

135-515: Is a socioeconomic development and measurement framework. The GNW Index consists of seven dimensions: economic , environmental , physical, mental, work, social , and political . Most wellness areas include both subjective results (via survey) and objective data . The GNW Index is also known as the first Gross National Happiness Index, not to be confused with Bhutan 's GNH Index. Both econometric frameworks are different in authorship, creation dates, and geographic scope. The GNW / GNH index

162-677: Is a global development measurement framework published in 2005 by the International Institute of Management in the United States . The term "Gross National Happiness" was first coined by the Bhuntanese King Jigme Singye Wangchuck in 1972. However, no GNH Index existed until 2005. The GNH philosophy suggested that the ideal purpose of governments is to promote happiness. The philosophy remained difficult to implement due to

189-497: Is a local development framework and measurement index, published by the Centre for Bhutan Studies in 2012 based on 2011 Index function designed by Alkire-Foster at Oxford University . The Bhutan's GNH Index is customized to the country's Buddhist cultural and spiritual values, it tracks 9 subjective happiness areas including spiritual measurement such as prayers recitation and other Karma indicators. The concepts and issues at

216-452: Is important to citizens, and how their current socio-economic situations reflect in the areas of governance that they prioritise. These insights are then used to guide governments to put well-being at the centre of their policymaking by shedding light on what well-being means to their citizens. In this way, by using the tool, citizens can shape public policy. First published on 24 May 2011, the index consists of 11 topics of well-being. Each of

243-682: Is not yet comparable over time as its methodology is still being fine-tuned. The OECD advises referring to the Hows Life - Well-being database for a view over time. The data shown below are the current rankings per country and topic for the year 2020. Each topic is given a score calculated from the indices used to create the topic group, you can find the raw data on the OECD Better Life Index website. The rankings given below are calculated giving an equal weighting of 1 to each well-being topic. Legend: The fourth edition of How's Life

270-509: Is relatively new and the OECD Better Life Initiative promotes the co-production of what we might standardise by facilitating conversation between the public and policymakers. Users can create their own economic index by ranking 11 areas of socio-economic progress by what is important to them. This generates a ranking so users can see how their country compares. Users are encouraged to share their indicators with others on

297-557: Is truly important to a populace, such as social networks that sustain relationships, and freedom of speech.". Various critics have pointed out that the OECD's BLI does not include such dimensions as poverty, economic inequality, access to health insurance and healthcare, environmental and air pollution. In 2012 OECD relaunched "with new indicators on inequality and gender plus rankings for Brazil and Russia. Some indicators have been removed or updated, Governance has been renamed civic engagement,

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324-434: Is very user-friendly. The score that the user inputs for a topic is then used to calculate the weighting for that topic in the index. The weights are calculated using the formula Topic Score ∑ i = 0 10 Topic Score {\displaystyle {\frac {\text{Topic Score}}{\sum _{i=0}^{10}{\text{Topic Score}}}}} which ensures the sum of weights totals 100%. Each of

351-404: The 11 topics consists of between 1-4 individual measures that make up that topic. The individual measures come in many units (percent, dollar, years etc.) and so to calculate the total score for that topic, the measures are normalised, resulting in a score χ between 0 and 1 per measure. If the indicator is something negative, for example, unemployment, then we take the score as 1-χ. For each topic,

378-400: The 11 topics from 0 to 5, where 0 reflects that this topic is not important to the user and 5 it is very important. The tool shows countries ranked in a chart where each of the nations is represented by a flower, and each of the topics is a petal, where its size is defined by its score in that area. The tool was designed by Berlin-based agency Raureif in collaboration with Moritz Stefaner and

405-562: The 11 topics is made up of 1-4 indices and these are fine-tuned over time as insights are derived from data collected in previous years. Initially, each of the 11 topics are equally weighted to generate scores and ranks of 30+ countries by each area of well-being. The topics are given below: The official definitions for the topics and the indices which make them up are stated in the OECD Better Life Index definitions Users create their own economic indexes by scoring each of

432-612: The Financial Crisis (as of 2007) is also available. References [ edit ] ^ "Commission on the Measurement of Economic Performance and Social Progress - Home page" . Archived from the original on 2015-07-20 . Retrieved 2013-01-29 . ^ Jolly, David (September 14, 2009). "G.D.P. Seen as Inadequate Measure of Economic Health" . The New York Times . Retrieved 29 January 2013 . ^ "Archived copy" (PDF) . Archived from

459-538: The GNW Index metric was published by the International Institute of Management. The paper is widely referenced by academic and policy maker citing the GNW / GNH index as a potential model for local socioeconomic development and measurement. The GNW Index is a secular econometric model that tracks 7 subjective and objective development areas with no religious measurement components. On the other hand, Bhutan's GNH Index

486-622: The Index seems similar to other efforts aimed at substituting or complementing the gross domestic product (GDP) measure by an econometric model for measuring the happiness and well-being of the population. One major criticism is that the Better Life Index uses a limited subset of indicators used by other econometric models such as Gross National Well-being Index 2005, Sustainable Society Index of 2008, and Bhutan Gross National Happiness Index of 2012, and Social Progress Index of 2013. Observers argue that "the 11 dimensions still cannot fully capture what

513-576: The Measurement of Economic Performance and Social Progress The Commission on the Measurement of Economic Performance and Social Progress ( CMEPSP ), generally referred to as the Stiglitz-Sen-Fitoussi Commission after the surnames of its leaders, is a commission of inquiry created by the French Government in 2008. The inquiry examined how the wealth and social progress of

540-827: The OECD Better Life Initiative. This initiative began in 2011 in line with the recommendations of the Commission on the Measurement of Economic Performance and Social Progress , also known as the Stiglitz-Sen-Fitoussi Commission, whose recommendations sought to address concerns that standard macroeconomic statistics like GDP failed to give a true account of people's current and future well-being. The initiative's goals are to develop social and wellbeing indicators that can better reflect growth focusing on four key areas; environmental sustainability , increased wellbeing, falling inequality, and systems resilience. The 'beyond growth' approach to economic progress

567-449: The employment rate of women with children has been replaced by the full integration of gender information in the employment data and students' cognitive skills (e.g. student skills in reading, math and sciences) has replaced students' reading skills to have a broader view." Some argue that some of the criteria are vague and question the purpose of such measures, it is questioned "what really constitutes "environmental quality"? Can it result in

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594-883: The original (PDF) on 2016-08-06 . Retrieved 2016-12-31 . {{ cite web }} : CS1 maint: archived copy as title ( link ) ^ "Archived copy" (PDF) . Archived from the original (PDF) on 2014-02-11 . Retrieved 2013-01-29 . {{ cite web }} : CS1 maint: archived copy as title ( link ) Authority control databases [REDACTED] International VIAF National United States Israel Retrieved from " https://en.wikipedia.org/w/index.php?title=Commission_on_the_Measurement_of_Economic_Performance_and_Social_Progress&oldid=1189390542 " Categories : Economy of France Development economics Hidden category: CS1 maint: archived copy as title Gross National Well-being Gross National Well-being ( GNW ), also known as Gross National Wellness ,

621-470: The platform have been praised to effectively depict collective citizen definitions of well-being. The initiative and index has gone some way to moving the public debate, though the platform is not well advertised and does not appear in the top results of web searches for similar tools As increases in inequality and climate change force us to reconsider our ideas of growth and progress the OECD Better Life Index may become more mainstream. Commission on

648-507: The platform to view the latter's and discuss similarities and differences. Users can also choose to share their data with OECD and will then be asked to provide more demographic data about their situation. The OECD Better Life Initiative then analyses all users input data and reports the findings in a bi-annual report named How's Life? Well-being . The data used in the report consists of 80+ indicators including measures on inequality and further socio-economic indicators. The findings reflect what

675-436: The score are then added up and divided by the total number of measures used to make up that topic, this gives the total score for the topic. For example, a countries score for health would be calculated by: Life Expectancy Score + Self-reported Health Score 2 {\displaystyle {\frac {{\text{Life Expectancy Score}}+{\text{Self-reported Health Score}}}{2}}} The Better Life Index

702-486: The subjective nature of happiness, the lack of exact quantitative definition of GNH, and the lack of a practical model to measure the impact of economic policies on the subjective well-being of the citizens. The GNW Index paper proposed the first GNH Index as a solution to help with the implementation of the GHN philosophy and was designed to transform the first generation abstract subjective political mission statement into

729-702: Was released in 2020; all reports can be viewed online using the OECD Library . Below is a summary of the most recent findings. The report highlights differences in gender, age, education and between the top and bottom performers of well-being outcomes. Income inequality has barely changed since 2010 and those in the top 20% earn 6 times more than those in the bottom 20%. Women have more social connections and earn 13% less than men whilst also working half an hour more on both paid and unpaid work per day. Higher levels of wellbeing are seen in those countries having higher levels of equality From an econometric point of view,

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