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The OECD
OECD
Better Life Index, in May 2011 by the Organisation for Economic Co-operation and Development following a decade of work on this issue, is a first attempt to bring together internationally comparable measures of well-being 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. The recommendations made by this Commission sought to address concerns that standard macroeconomic statistics like GDP
GDP
failed to give a true account of people’s current and future well-being.[1] The OECD Better Life Initiative includes two main elements: "Your Better Life Index" and "How's Life?"

Contents

1 History and methodology 2 Rankings

2.1 2016 ranking

3 Criticism 4 See also 5 References 6 External links

History and methodology[edit] Your Better Life Index (BLI),[2] launched in May 2011, is an interactive tool that allows people to compare countries' performances according to their own preferences in terms of what makes for a better life. It was designed by Berlin-based agency Raureif in collaboration with Moritz Stefaner. First published on 24 May 2011, it includes 11 "dimensions" of well-being:[3]

Housing: housing conditions and spendings (e.g. real estate pricing) Income: household income and financial wealth Jobs: earnings, job security and unemployment Community: quality of social support network Education: education and what you get out of it Environment: quality of environment (e.g. environmental health) Governance: involvement in democracy Health Life Satisfaction: level of happiness Safety: murder and assault rates Work-life balance

Canberra, has been ranked as the world's most liveable city according to the OECD
OECD
Better Life Index for the second consecutive year, based on results published on 6 October 2014.[4][5][6] How's Life?[7] offers a comprehensive picture of what makes up people's lives in 40 countries worldwide. The report assesses the above 11 specific aspects of life as part of the OECD's ongoing effort to devise new measures for assessing well-being that go beyond GDP. New indicators and dimensions are planned be added to the Better Life Index in the future. For example, the Better Life Index was criticised for not showing inequalities in a society.[8] Future editions of the index are planned to take inequalities into account, by focusing on well-being achievements of specific groups of the population (women and men and low and high socio-economic status). Rankings[edit] 2016 ranking[edit] Legend:

  Explained by: Housing   Explained by: Income   Explained by: Jobs

  Explained by: Community   Explained by: Education   Explained by: Environment

  Explained by: Civic engagement   Explained by: Health   Explained by: Life Satisfaction

  Explained by: Safety   Explained by: Work-Life Balance

Overall Rank [9][10] Country Housing Income Jobs Community Education Environment Civic engagement Health Life Satisfaction Safety Work-Life Balance

1  Norway

2  Australia

3  Denmark

4   Switzerland

5  Canada

6  Sweden

7  New Zealand

8  Finland

9  United States

10  Iceland

11  Netherlands

12  Germany

13  Luxembourg

14  Belgium

15  Austria

16  United Kingdom

17  Ireland

18  France

19  Spain

20  Slovenia

21  Czech Republic

22  Estonia

23  Japan

24  Slovakia

25  Italy

26  Israel

27  Poland

28  South Korea

29  Portugal

30  Latvia

31  Greece

32  Hungary

33  Russia

34  Chile

35  Brazil

36  Turkey

37  Mexico

38  South Africa

Criticism[edit] From an econometric point of view, the Index seems similar to other efforts aimed at substituting or complementing the gross domestic product (GDP) measure by an econometric model for measuring 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
Well-being
Index 2005, Sustainable Society Index of 2008 [11], and Bhutan Gross National Happiness
Happiness
Index of 2012, and Social Progress Index of 2013. Observers argue that "the 11 dimensions still cannot fully capture what is truly important to a populace, such as social networks that sustain relationships, and freedom of speech." [12]. Various critics have pointed out that the OECD's BLI does not include such dimensions as poverty, economic inequality, access to health insurance, pollution [13]. In 2012 OECD
OECD
relaunched "with new indicators on inequality and gender plus rankings for Brazil
Brazil
and Russia. A couple have been removed too: Governance has been renamed civic engagement, 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." [14] Some argue that some of the criteria are vague and question the purpose of such measure, for example, they question, "what really constitutes “environmental quality”? Can it result in 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. [15] Others have criticized its methodology such as the use of relative scores instead of absolute ones.[16] See also[edit]

Broad measures of economic progress Disability-adjusted life year Economics Full cost accounting Green national product Green gross domestic product
Green gross domestic product
(Green GDP) Gender-related Development Index Genuine Progress Indicator
Genuine Progress Indicator
(GPI) Global Peace Index Gross National Happiness Gross National Well-being
Well-being
(GNW) Happiness
Happiness
economics Happy Planet Index
Happy Planet Index
(HPI) Human Development Index
Human Development Index
(HDI) ISEW (Index of sustainable economic welfare) Progress (history) Progressive utilization theory Legatum Prosperity Index Leisure satisfaction Living planet index Law of Social Cycle Millennium Development Goals
Millennium Development Goals
(MDGs) Money-rich, time-poor Post-materialism Psychometrics Subjective life satisfaction Where-to-be-born Index Wikiprogress World Values Survey (WVS)

References[edit]

^ Gerhardt, Tina (20 June 2012). "Rio+20 Kicks Off". The Progressive.  ^ " OECD
OECD
Better Life Index".  ^ Marber, Peter. "Brave New Math". World Policy Journal (Spring 2012). Retrieved 31 May 2012.  ^ " OECD
OECD
Better Life Index".  ^ "Want an Easy Life? Try Canberra, Australia". The New York Times. 7 October 2014.  ^ Hutchens, Gareth. " Canberra
Canberra
the best place to live, in the world's best country: OECD".  ^ "How's life? Measuring well-being". 2013. doi:10.1787/9789264201392-en.  ^ Baïetto, Thomas (25 May 2011). "La difficile mesure du bien-être des populations" – via Le Monde.  ^ "2016 Update Report download" (PDF). Retrieved 20 Mar 2016.  ^ 2016 Table download (XLS), Figure2.2, retrieved 20 Mar 2016  ^ http://www.ssfindex.com/data-all-countries/ ^ http://aea365.org/blog/susan-kistler-on-the-oecd-better-life-index/ ^ Krason, Stephen (2 September 2014). "A "Better Life Index" that Ignores What Makes for a Better Life". Crisis. Retrieved 10 Feb 2018.  ^ https://www.theguardian.com/news/datablog/2012/may/22/better-life-index-oecd ^ https://www.crisismagazine.com/2014/better-life-index-ignores-makes-better-life ^ "OECD's 'Better Life Index': Can any country be well ranked?". 2012. doi:10.1080/02664763.2012.706265. Retrieved 10 Feb 2018. 

External links[edit]

Official website

v t e

Lists of countries by quality of life rankings

General

Life expectancy

in Europe

World Happiness
Happiness
Report Happy Planet Index Human Development Index

by country inequality-adjusted

Legatum Prosperity Index Good Country Index Satisfaction with Life Index Where-to-be-born Index

Economic

Net take-home pay Job security Long-term unemployment rate Home ownership rate Smartphone ownership rate

Environment

Environmental Performance Index Environmental Vulnerability Index Natural disaster risk

Health

Cancer rate Health care quality Health expenditure covered by government Hospital beds Risk of death from non-communicable disease Teenage pregnancy rate

Social/Political

Government transparency Global Slavery Index Global Terrorism Index Global Competitiveness Index Social Progress Index Time devoted to leisure and personal care Women's average years in school

List of international rankings List of top international rankings by countr

.

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