While the historical rationale of GDP, and its unintentional shortcomings, is recognized, today moving beyond GDP is a competitive necessity to shift the measurement of our society to more comprehensive instruments to measure resiliency, sustainable economic growth and well-being. There is a movement toward adoption of a more revealing, more realistic, measurable instrument. GDP meet … Continue reading GDP Meets SPI
Ask any parent what they want for their children, and the answer will be “Happiness!” There is a direct connection between resilience of a society and its people and the happiness of people within that society. According to data from the United Nation’s Sustainable Development Solutions Network, the Nordics are once again in the top … Continue reading Resilience Leads to Happiness and We Can Prove It!
As a country strives to be resilient, it must create and sustain a resilient set of institutions that can provide sound management of finances, diverse revenue streams and, the ability to attract business investment, allocate capital ad build financial reserves (emergency funds). A robust economic system is critical to sustaining the investment that a resilient … Continue reading What Could Be the Matter? Part 2
Why aren’t we resilient? What could be the matter? Foreign direct investment (FDI) is a key to economic growth in emerging economies. It represents capital invested in a country that provides manufacturing and service capabilities for both native consumers and world markets. As global economies are less dependent on geopolitical relationships of the last century, … Continue reading What Could Be the Matter?
Distributed Networks Aren’t just for the internet anymore. In the world of the internet, some years ago, as a researcher at RAND Corporation, engineer Paul Baran was asked to devise new ways to make communication networks more resilient. He concluded that a distributed network—one without a fixed center of control—is strong, adaptable, and ultimately generative … Continue reading The Art of Connectedness in a Virtual World