1. The Race to Be the Perfect Nation.
- Author
-
Sonrexa, Juhi and Moodie, Rob
- Subjects
GROSS domestic product ,ECONOMIC indicators ,WELL-being ,ECONOMIC development - Abstract
In the last 2 decades, there has been a remarkable proliferation of indices of well-being which assess and rank country performance according to a diverse range of environmental, political, health, social or economic measures. This growth is a clear sign of their political importance, popular appeal and operational relevance in decision-making. This article discusses questions about the validity and scope of summary indices of well-being, as well as explores the relevance of country rankings. Acknowledging that these measures are imperfect, but that they may be the best measures we have, this article discusses how these composite indicators can be improved and how policy-makers should be using them. [ABSTRACT FROM AUTHOR]
- Published
- 2013
- Full Text
- View/download PDF