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The Measurement of Welfare, Well-being and Sustainable Development

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  1. The Measurement of Welfare, Well-being and Sustainable Development Jan Pieter Smits and Rutger Hoekstra (Statistics Netherlands)

  2. Measuring societal progress/ sustainable development • The need for a new “statistical compass” • What do we want to measure? • Political initiatives • Need for harmonisation

  3. History of measurement • System of National Accounts • Concepts • Harmonisation (SNA 1953, 1969, 1993, 2008) • Adoption • Welfare/Sustainable Development/Progress of Society • First wave (early 1970’s) • Second wave (1987 onwards) • Current situation • Concepts/adoption: Plethora of approaches/definitions • Harmonisation: Strong desire

  4. Debates • Policy versus conceptual • Integrated versus future oriented approaches • Indicator sets versus composite indicators • Monetary versus non-monetary indicators

  5. Future versus integrated approach

  6. Conceptual approach

  7. Conceptual approach (2)

  8. Dashboard 1Quality of life

  9. Dashboard 2Capital

  10. Dashboard 3International dimension

  11. Policy indicators Visualisations/ Policy targets

  12. Development EU rank Problems Overview Well-being Material welfare Quality of life Personal charact. Social/environment Natural capital Human capital Capital Social capital Economic capital Natural capital International dimension Knowledge Intern. cooperation

  13. Final thoughts • Task Force for Measuring Sustainable Development (TFSD) • UNECE/Eurostat/OECD • World bank and over 10 countries • Follow-up of WGSSD • Brundtland and Stiglitz-Sen-Fitoussi • (Broadened) mandate • Human capital/Social capital/Quality of life • SDI set • Next steps • Short term • Find differences/commonalities • Flexible conceptual framework • Agree on dashboards/themes/indicators (official statistics) • Check data availability in international data sets • Long term • Monetisation techniques • Satellite accounts