The quality of life in a flower and its petals is your region
Posted: Mon Jan 27, 2025 6:12 am
Erica Fellinger, professor of the Master in International Business Administration and Management (MBA) and the Official University Master's Degree in Integrated Logistics and International Trade .
Thanks to the OECD's interactive tool , the Better Life Index , we have surprising results from 36 countries that are constantly updated and that cannot be found in conventional statistics on quality of life. And most importantly, we are the ones who can contribute our preferences for what we consider a better life.
With this tool you can find out how your country, or even your region, performs in terms of the importance you give to different factors that make a better life possible . You can also compare your index with the indexes of other people around the world and see who shares your opinion on the most important issues in terms of well-being .
This OECD initiative allows anyone who wants to keep “eyes student data open and ears awake” to find out what citizens expect of a better life . Perhaps politicians? They are the ones who make decisions when they draw up their government programs, formulate budgets or hope to win elections in order to finally collaborate in building a better world for everyone.
As you know, GDP measures the quantity of goods and services produced and sold in a country at a given time. GDP is a very useful indicator for understanding a country's standard of living, but it is also very limited . We know that measuring what is produced in a country is not enough to know whether each and every one of us achieves a better quality of life, and furthermore, we cannot yet describe the sustainability of well-being in the future .
The debate on measuring well-being remains open. Methodologically, well-being models are developed with composite indices and the OECD provides us with valuable results in its How's Life? reports.
Did you know that children are paying a high price for rising inequality? You may be familiar with this phrase, but the 2015 report states that 1 in 7 children in OECD countries live in poverty and 1 in 10 are from unemployed families. From an early age, children from the poorest families report poorer health conditions, lower life satisfaction, more bullying and weaker relationships with both peers and parents. Did you know that the share of OECD volunteers in GDP represents approximately 2%?
I invite you to create your own index at this link .
This tool is not a traditional survey, so in just a few minutes you can assign a value, “just by moving a circle”, to each of the 11 topics that the OECD has identified as essential for quality of life.
Thanks to the OECD's interactive tool , the Better Life Index , we have surprising results from 36 countries that are constantly updated and that cannot be found in conventional statistics on quality of life. And most importantly, we are the ones who can contribute our preferences for what we consider a better life.
With this tool you can find out how your country, or even your region, performs in terms of the importance you give to different factors that make a better life possible . You can also compare your index with the indexes of other people around the world and see who shares your opinion on the most important issues in terms of well-being .
This OECD initiative allows anyone who wants to keep “eyes student data open and ears awake” to find out what citizens expect of a better life . Perhaps politicians? They are the ones who make decisions when they draw up their government programs, formulate budgets or hope to win elections in order to finally collaborate in building a better world for everyone.
As you know, GDP measures the quantity of goods and services produced and sold in a country at a given time. GDP is a very useful indicator for understanding a country's standard of living, but it is also very limited . We know that measuring what is produced in a country is not enough to know whether each and every one of us achieves a better quality of life, and furthermore, we cannot yet describe the sustainability of well-being in the future .
The debate on measuring well-being remains open. Methodologically, well-being models are developed with composite indices and the OECD provides us with valuable results in its How's Life? reports.
Did you know that children are paying a high price for rising inequality? You may be familiar with this phrase, but the 2015 report states that 1 in 7 children in OECD countries live in poverty and 1 in 10 are from unemployed families. From an early age, children from the poorest families report poorer health conditions, lower life satisfaction, more bullying and weaker relationships with both peers and parents. Did you know that the share of OECD volunteers in GDP represents approximately 2%?
I invite you to create your own index at this link .
This tool is not a traditional survey, so in just a few minutes you can assign a value, “just by moving a circle”, to each of the 11 topics that the OECD has identified as essential for quality of life.