Saturday, July 02, 2016

It's Official: Finland Is The Most Progressive Country In The World

Via Business Insider:

It is often reported that the Finnish economy is stagnant, that competitiveness is low and that major industries are lagging. Finland has even been called the new 'sick man of Europe'. But economics apart, Finland seems to be doing a lot of things right.

On a new measure of societal progress, that goes beyond GDP, Finland is the top scorer in the world.

According to the Social Progress Index, by the American think-tank Social Progress Imperative, Finland is the most socially progressive country in the world and all Nordic countries are within the top 10.

The index is unique in the sense that it doesn't include GDP, but instead focuses entirely on different social and environmental indicators. The total score is an average from three sub-components: basic human needs, foundations of wellbeing and opportunity.

Finland performs best in nutrition and basic medical care, access to basic knowledge and in personal rights. There is room for improvement however, in the health and wellness component and in access to advanced education.

Social progress is defined thusly by the thinktank: "The capacity of a society to meet the basic human needs of its citizens, establish the building blocks that allow citizens and communities to enhance and sustain the quality of their lives, and create the conditions for all individuals to reach their full potential".

The stated goal of the index is to create a framework for leaders in government, business and civil society to benchmark and accelerate progress.

Though the index doesn't take into account GDP, the thinktank notes that high-income countries tend to achieve higher on the index than low-income countries, but the relationship is not linear.

Social progress index results 2016: 1. Finland 2. Canada 3. Denmark 4. Australia 5. Switzerland 6. Sweden 7. Norway 8. Netherlands 9. United Kingdom 10. Iceland .. 19. United States .. 75. Russia .. 84. China .. 133. Central African Republic

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