Social Progress Imperative | |
Website | https://www.socialprogress.org/ |
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The Social Progress Imperative is a US-based nonprofit created in 2012 best known for the Social Progress Index, a multi-indicator index that assesses the social and environmental performance of different countries. The Social Progress Index is an effort to complement the measure of national performance using traditional economic measures such as gross domestic product with data on social and environmental performance. [1]
In 2010, a group of scholars and business leaders sought to develop a better measure of a country's level of development and, by extension, better understand its development priorities. [2] [3] Under the technical guidance of Professors Michael Porter from Harvard Business School and Scott Stern from MIT, the group formed a US-based nonprofit called the Social Progress Imperative [4] and launched a beta version of the Social Progress Index for 50 countries in 2013 to measure a comprehensive array of components of social and environmental performance and aggregate them into an overall framework.
This work was influenced by the contributions of Amartya Sen on social development, as well as by the recent call for action in the report "Mismeasuring Our Lives" by the Commission on the Measurement of Economic Performance and Social Progress. [5] The Social Progress Index was released in 2014 for 133 countries with a second version in 2015. [6] [ full citation needed ]
On July 11, 2013, Social Progress Imperative's chairman and professor at Harvard Business School, Michael Porter, addressed the United Nations 6th Ministerial Forum for Development and discussed the Social Progress Index. [7]
In addition to the global Social Progress Index, the methodology used to create it has been adapted to measure social and environmental performance in smaller areas, such as the Amazon region of Brazil. [8] Other projects include a Social Progress Index for Guatemala City. [9] Fundación Paraguaya has integrated elements of the Social Progress Index into its Poverty Stoplight tool. The national government of Paraguay is setting a target for Social Progress Index performance alongside GDP targets.
The Guardian reported that the European Commission had agreed to partner with Social Progress Imperative to create a Social Progress Index for the European Union. [10] The EU Social Progress Index was published in October 2016.
A similar index, although with some differences compared to the nation list (and therefore not directly comparable), has been published for the individual U.S. states. [11] [12]
The Social Progress Index examines social and environmental indicators that capture three distinct dimensions of social progress: Basic Human Needs, Foundations of Wellbeing, and Opportunity. The most recent version of the Social Progress Index is the 2021 Social Progress Index.
Michael Green's TED Talk on The Social Progress Index was chosen as one of TED's favorite of 2014. [13] [14]
Michael E Porter of Harvard Business School is Chairman of the Advisory Board of the Social Progress Imperative. Other members of its board include Judith Roden of the Rockefeller Foundation and Matthew Bishop of The Economist magazine. Economist Michael Green is Executive Director of the Social Progress Imperative.
Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic health of a country or region. Definitions of GDP are maintained by several national and international economic organizations, such as the OECD and the International Monetary Fund.
This page compares the sovereign states of Europe on economic, financial and social indicators.
The green gross domestic product is an index of economic growth with the environmental consequences of that growth factored into a country's conventional GDP. Green GDP monetizes the loss of biodiversity, and accounts for costs caused by climate change. Some environmental experts prefer physical indicators, which may be aggregated to indices such as the "Sustainable Development Index".
Michael Eugene Porter is an American businessman and professor at Harvard Business School. He was one of the founders of the consulting firm The Monitor Group and FSG, a social impact consultancy. He is credited with creating Porter's five forces analysis, which is instrumental in business strategy development at present. He is generally regarded as the father of the modern strategy field. He is also regarded as one of the world's most influential thinkers on management and competitiveness as well as one of the most influential business strategists. His work has been recognized by governments, non-governmental organizations and universities.
Genuine progress indicator (GPI) is a metric that has been suggested to replace, or supplement, gross domestic product (GDP). The GPI is designed to take fuller account of the well-being of a nation, only a part of which pertains to the size of the nation's economy, by incorporating environmental and social factors which are not measured by GDP. For instance, some models of GPI decrease in value when the poverty rate increases. The GPI separates the concept of societal progress from economic growth.
The Index of Sustainable Economic Welfare (ISEW) is an economic indicator intended to replace the gross domestic product (GDP), which is the main macroeconomic indicator of System of National Accounts (SNA). Rather than simply adding together all expenditures like the GDP, consumer spending is balanced by such factors as income distribution and cost associated with pollution and other unsustainable costs. The calculation excludes defence expenditures and considers a wider range of harmful effects of economic growth. It is similar to the genuine progress indicator (GPI).
Gross National Happiness, sometimes called Gross Domestic Happiness (GDH), is a philosophy that guides the government of Bhutan. It includes an index which is used to measure the collective happiness and well-being of a population. Gross National Happiness Index is instituted as the goal of the government of Bhutan in the Constitution of Bhutan, enacted on 18 July 2008.
The Corruption Perceptions Index (CPI) is an index that scores and ranks countries by their perceived levels of public sector corruption, as assessed by experts and business executives. The CPI generally defines corruption as an "abuse of entrusted power for private gain". The index is published annually by the non-governmental organisation Transparency International since 1995.
The following are links to some international rankings of the United States.
The Happy Planet Index (HPI) is an index of human well-being and environmental impact that was introduced by the New Economics Foundation in 2006. Each country's HPI value is a function of its average subjective life satisfaction, life expectancy at birth, and ecological footprint per capita. The exact function is a little more complex, but conceptually it approximates multiplying life satisfaction and life expectancy and dividing that by the ecological footprint. The index is weighted to give progressively higher scores to nations with lower ecological footprints.
The following are the international rankings of Jordan.
This is a list of Australia's international rankings on a range of social, economic and other criteria.
Canada ranks among the highest in international measurements of civil liberties, quality of life, education levels, gender equality, public services, public security and environmental sustainability. It ranks among the lowest of the most developed countries for housing affordability, healthcare services and foreign direct investment.
The following are international rankings of Israel:
Although for many decades, it was customary to focus on GDP and other measures of national income, there has been growing interest in developing broad measures of economic well-being. National and international approaches include the Beyond GDP programme developed by the European Union, the Better Lives Compendium of Indicators developed by the OECD, as well as many alternative metrics of wellbeing or happiness. One of the earliest attempts to develop such an index at national level was Bhutan's Gross National Happiness Index and there are a now a number of similar projects ongoing around the world, including a project to develop for the UK an assessment of national well-being, commissioned by the Prime Minister David Cameron and led by the Office for National Statistics.
Here is a list of international rankings of Denmark, in terms of Economic, Environmental, Military, Political, and Social aspects.
Ted Nordhaus is an American author and the director of research at The Breakthrough Institute. He has co-edited and written a number of books, including Break Through: From the Death of Environmentalism to the Politics of Possibility (2007) and An Ecomodernist Manifesto (2015) with collaborator Michael Shellenberger.
The Social Progress Index (SPI) measures the extent to which countries provide for the social and environmental needs of their citizens. Fifty-four indicators in the areas of basic human needs, foundations of well-being, and opportunity to progress show the relative performance of nations. The index is published by the nonprofit Social Progress Imperative, and is based on the writings of Amartya Sen, Douglass North, and Joseph Stiglitz. The SPI measures the well-being of a society by observing social and environmental outcomes directly rather than the economic factors. The social and environmental factors include wellness, equality, inclusion, sustainability and personal freedom and safety.
Fundación Avina is a Latin American philanthropic foundation working towards sustainable development in Latin America by encouraging alliances between social and business leaders.
International comparisons, or national evaluation indicators, focuses on the quantitative, qualitative, and evaluative analysis of one country in relation to others. Often, the objective is to compare one country's performance to others in order to assess what countries have achieved, what needs to change in order for them to perform better, or a country's progress in reaching certain objectives.