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12 Apr 2013
Swedish citizens are the most pampered in the world, according to a new rating that measures non-economic needs and aims to replace GDP as a well-being indicator.
SPI, social progress index, was introduced by a research collaboration entitled the Social Progress Imperative. They define SPI as a measure of "how well countries provide for the non-economic needs of their citizens".
Sweden, they said in a statement, performed well alongside runner-up the UK, "because they perform consistently across the three dimensions of social progress - basic needs, foundations of well-being, and opportunity".
Sweden also scored highly in the opportunity measure, trailing only the United States.
In the basic needs category, Sweden came in joint fourth place with Australia. Germany, Israel and Switzerland topped the list that included access to nutrition and healthcare.
The SPI uses a model devised by Harvard Business School Professor Michael E. Porter and the ranking was put together with the help of economists at the Massachusetts Institute of Technology, using data from the World Bank and the World Health Organization.
Source: http://www.thelocal.se/47278/20130411/#.UWeO1qLqHSk
Posted On 13 Jun 2020
Posted On 12 Jun 2020
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