For the past nine years, the UN’s have invented a multi-dimensional metric that reflects a measure of well being beyond GDP.
The three key components are:
- Life Expectancy
- Adult Literacy
- Purchasing Power Parity
Overall, Jamaica is ranked 100th. out of the 182 counties considered.
The top ten countries listed on the index are: Norway, Australia, Iceland, Canada, Ireland, the Netherlands, Sweden, France, Switzerland and Japan.
The United States ranks 13th, down one spot from last year.
The finding on how we compare with the rest of the Caribbean was most revealing.
- Barbados – 37
- Cuba – 51
- Bahamas – 52
- St. Kitts – 62
- Trinidad & Tobago – 64
- St. Lucia – 69
- Grenada – 74
- Dominican Republic – 90
- St. Vincent – 94
- Jamaica – 100
- Guyana – 114
- Haita – 149
The other major component tracked is mobility. This is a major factor in the prosperity of a nation.
The Take aways from the UN gurus are as follows:
- Mobility has the potential to enhance human development among movers, stayers and the majority of those in destination places.
- However, processes and outcomes can be adverse, and there is scope for significant improvements in policies and institutions.
- We present an ambitious long-term agenda for capturing the large unrealized gains.
- Bold and committed leadership now can make a huge difference for the lives of millions of people
You are given the privilege of giving feedback to the Prime minister about this finding. What would you say to him?