Prosperity is the state of flourishing, thriving, good fortune or successful social status. Prosperity often encompasses wealth but also includes other factors which can be independent of wealth to varying degrees, such as happiness and health. In previous blogs, when discussing social cohesion, specific resilience indicators and measures were mentioned such as reciprocal loyalty and solidarity, strength of social relations and shared … Continue reading Social Prosperity As Economic Growth
Across the world, a pattern of introverted thinking is emerging by large and small democracies. Social cohesion is diminishing, and more autocratic decision-making is replacing representative democratic decision and policy making. So, who, now, will champion the preservation of democracy? What are the disruptive forces that threaten all forms of democratic societies? Over the past … Continue reading Who will champion the preservation of democracy against disruptive forces?
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