Its quality-of-life index links the results of subjective life-satisfaction surveys—how happy people say they are—to objective determinants of the quality of life across countries. Being rich helps more than anything else, but it is not all that counts; things like crime, trust in public institutions and the health of family life matter too. In all, the index takes 11 statistically significant indicators into account. They are a mixed bunch: some are fixed factors, such as geography; others change only very slowly over time (demography, many social and cultural characteristics); and some factors depend on policies and the state of the world economy.
Monday, December 17, 2012
Where to be born in 2013
In my mind this can potentially be an alternative measure of standard of living, superior to GDP. From The Economist:
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment