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OECD Better Life Index
The OECD Better Life Index is an interactive tool created by the Organisation for Economic Co-operation and Development (OECD) that allows users to compare well-being across countries based on 11 topics the OECD has identified as essential. These topics include housing, income, jobs, community, education, environment, civic engagement, health, life satisfaction, safety, and work-life balance. It emphasizes that there is more to life than the cold numbers of GDP and economic statistics.
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Economics
Economy
The Economy 2.0 Microeconomics @ CORE Econ
CORE Econ
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Human Development Index (HDI)
Gross National Happiness (GNH)
OECD Better Life Index
Evaluating a National Development Strategy
Comparative Analysis of Societal Welfare
A political analyst is comparing two nations. Nation X has experienced rapid economic growth and a significant increase in average income over the past decade. However, it also suffers from severe air and water pollution, has significant restrictions on personal freedoms, and shows high levels of social distrust. Nation Y has had slower, more modest economic growth, but boasts a clean environment, robust civil liberties, and strong community engagement. Based on a comprehensive understanding of societal well-being, which nation likely offers a higher quality of life for its average citizen, and why?
Match each non-monetary factor of societal welfare with its correct description.
Evaluating a Policy's True Impact
A nation that successfully doubles its per capita income through rapid industrialization has unequivocally improved its overall societal welfare, regardless of the effects on environmental quality or social equity.
Limitations of Economic Indicators
A government introduces a new legislative package that includes: 1) establishing stricter emissions standards for factories, 2) investing in the restoration of natural habitats, and 3) providing subsidies for renewable energy sources. Which non-monetary dimension of societal welfare is this package most directly intended to improve?
Designing a Policy for Holistic Societal Improvement
Analyzing Trade-offs in Urban Development