Thursday, January 15, 2009

Happy Planet?

From the new economic foundation a new Happy Plant Index. If you look at the HPI map Africa does not really succeed in translating the consumption of natural resources into human well-being.

From the nef website:

The Happy Planet Index (HPI) is an innovative new measure that shows the ecological efficiency with which human well-being is delivered around the world. It is the first ever index to combine environmental impact with well-being to measure the environmental efficiency with which country by country, people live long and happy lives.

The Index doesn’t reveal the ‘happiest’ country in the world. It shows the relative efficiency with which nations convert the planet’s natural resources into long and happy lives for their citizens. The nations that top the Index aren’t the happiest places in the world, but the nations that score well show that achieving, long, happy lives without over-stretching the planet’s resources is possible. The HPI shows that around the world, high levels of resource consumption do not reliably produce high levels of well-being (life-satisfaction), and that it is possible to produce high levels of well-being without excessive consumption of the Earth’s resources. It also reveals that there are different routes to achieving comparable levels of well-being. The model followed by the West can provide widespread longevity and variable life satisfaction, but it does so only at a vast and ultimately counter-productive cost in terms of resource consumption.

The Happy Planet Index (HPI) strips the view of the economy back to its absolute basics: what we put in (resources), and what comes out (human lives of different length and happiness). The resulting Index of the 178 nations for which data is available, reveals that the world as a whole has a long way to go. In terms of delivering long and meaningful lives within the Earth’s environmental limits - all nations could do better. No country achieves an overall ‘high’ score on the Index, and no country does well on all three indicators.

H/T: RFF library blog


Mark Turpin said...

how interesting - these successive posts on ideas of happiness and sadness - such fundamental concepts of the human condition, but how little we seem to know about them!
thank you!

Martin de Wit said...

I must confess - it is much easier to stick to dear old homo economicus...