Saturday, June 4, 2011

OECD Launches Your Better Life Index

http://www.oecd.org/document/63/0,3746,en_2649_201185_47912639_1_1_1_1,00.html
On May 24, 2011 The Organization for Economic Cooperation and Development (OECD) www.OECD.org unveiled a new, interactive index that will let people measure and compare their lives in a way that goes beyond traditional GDP numbers.

Called the Your Better Life Index, the tool is part of a larger OECD Better Life Initiative that aims to measure well-being and progress. The index allows citizens to compare lives across 34 countries, based on 11 dimensions -- housing, income, jobs, community, education, environment, governance, health, life satisfaction, safety, work-life balance -- giving their own weight to each of the dimensions.
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The OECD Compendium of Well-Being Indicators represents one of the first attempts to respond to the demand for comparative information on the conditions of people.s lives in developed market economies. Previous contributions in this field have focused on the conditions of poorer countries and on a more narrow range of dimensions (e.g. Human Development Index). This Compendium extends these efforts on both fronts.

It is a preview of the type of measures that will be included in the "How's life?" report to be released in October 2011.

The OECD plans to issue similar reports in the future on a recurrent basis, and to enrich the set of dimensions and indicators in the light of experience gained and of progress made in implementing better measures.

For more information:
Your Better Life Index - http://www.oecd.org/betterlifeindex
Video - www.youtube.com/watch?v=OOIK9YxQ2sY
Examples of country specific information from Your Better Life Index -
OECD Better Life Initiative
Compendium of OECD well-being indicators

Organization for Economic Cooperation and Development (OECD) www.OECD.org
Press Releases dated May 24, 2011 and May 18, 2011

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