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The People's Report Card
src: media.globalcitizen.org

The Social Progress Index ( SPI ) measures the extent to which countries provide the social and environmental needs of their citizens. Fifty-four indicators in the area of ​​basic human needs, the foundation of well-being, and the opportunity to advance show the relative performance of countries. The index is published by the Nonprofit Social Development Initiative, and is based on the writings of Amartya Sen, Douglass North, and Joseph Stiglitz. SPI measures the welfare of society by observing social and environmental results directly rather than economic factors. Social and environmental factors including health (including health, shelter and sanitation), equity, inclusion, sustainability and freedom and personal security.


Video Social Progress Index



Introduction and methodology

This index combines three dimensions

  1. Basic human needs
  2. Welfare Foundation
  3. Opportunities

Each dimension includes four components, each consisting of between three and five specific outcome indicators. The included indicators are selected because they are accurately measured, with consistent methodologies, by the same organization at all (or essentially all) of the countries in the sample. Together, this framework aims to capture the interrelated factors expressed by the scientific literature and the experience of practitioners as the foundation of social progress.

Two key features of the Social Progress Index are:

  1. the exclusion of economic variables
  2. use of result size rather than input

Imperative Social Progress evaluates hundreds of possible indicators while developing the Social Development Index, including involving researchers at MIT to determine which indicators best distinguish the country's performance. This index uses the result size when sufficient data is available or a possible proxy is nearby.

Maps Social Progress Index



History

In 2010, a group of global leaders from the social sector sought to develop a better measure of the level of development of a country and, by extension, better understand its development priorities. Funded by a private foundation and under the technical guidance of Professor Michael Porter of Harvard Business School and Scott Stern of the Massachusetts Institute of Technology, the group established the Social Progress Imperative and launched a beta version of the Social Progress Index for 50 countries on 2013 to measure the composition of comprehensive social and environmental performance components and incorporate them into the overall framework.

This work is influenced by Amartya Sen's contribution to social development, as well as by a new call for action in the Mismasuring Our Lives report by the Commission on Economic Performance Measurement and Social Progress. The Social Progress Index was released in 2014 for 133 countries with the second version in 2015.

On July 11, 2013, Michael Porter's chairman and professor of Social Progress Imperative at Harvard Business School addressed the 6th UN Development Minister's Forum and discussed the Social Progress Index.

In addition to the global Social Progress Index , the methodology used to create it has been tailored to measure social and environmental performance in smaller areas, such as the Brazilian Amazon region. Other projects include the Social Progress Index for Guatemala City Municipality. Fundacion Paraguaya has an integrated element of the Social Progress Index into the Poverty Stoplight tool. The national government of Paraguay set targets for the Social Progress Index joint performance of GDP targets.

The Guardian reported that the European Commission has agreed to partner with Social Progress Imperative to create a social development index for the European Union. The EU Social Progress Index was published in October 2016.

Similar indexes, although with some differences compared to the list of countries (and therefore can not be compared directly), have been published for each US state.

The People's Report Card
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Rank and score by country

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GDP Per Capita and Democracy Explain 87% of the Social Progress ...
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Criticism

From an econometric standpoint, the Index appears to be similar to other efforts aimed at overcoming the limitations of traditional economic measures such as gross domestic product (GDP). One of the main criticisms is that although the Social Progress Index can be seen as a superset of indicators used by previous econometric models such as the 2005 Gross National Welfare Index, the Gross National Bhutan 2012 Index, and the 2012 World Happiness Report, however, unlike them, it ignores measures of subjective life satisfaction and psychological well-being. Another criticism indicates that "there are still certain dimensions that are not currently included in the SPI, which is the concentration of wealth above 1 percent of the population, the efficiency of the judicial system, and the quality of transport infrastructure."

Some critics argue that "we must be vigilant." Even though words like "inclusive capitalism" are intensifying to mark a new era, free of ideological battlefields between public and private, much of what the company's founders say about it confirms that the index is more about " inclusive business "rather than" inclusive capitalism. "

The People's Report Card
src: media.globalcitizen.org


See also


Why we shouldn't judge a country by its GDP |
src: tedideas.files.wordpress.com


References


The People's Report Card
src: media.globalcitizen.org


External links

  • Official website

Source of the article : Wikipedia

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