Strengthening a society’s institutions strengthens society itself. Weak institutional capacity is a major obstacle to economic development. Societies are resilient if they are economically strong. When institutions are strong, they not only serve their communities but drive meaningful change at the institutional, national, and international level. As countries strive to be economically resilient, and as a result, competitive, … Continue reading Institutional Strengthening is the “Tipping Point” to Competitiveness
Across the globe, societies are being divided by oppositional thinking about such things as climate, migration, poverty reduction. It seems that we have forgotten what holds us together as communities, countries, and even, regions. Recently, when reading research about social cohesion, I was inspired by the fact that that particular research affirmed that resilient societies … Continue reading Why “Social Cohesion” is so important for Resilience.
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