Fiona Stanley, Child Health Research professor at the University of Western Australia, addressed the Progress 2017 gathering in Melbourne on 7 June. She explores the ANDI project (Australian National Development Index) a holistic measure of national progress and wellbeing.
Fiona argues that GDP (Gross Domestic Product - the usual indicator of economic growth) is a "very flawed measure" that takes no account of the impact on our wellbeing. She instances the 2009 bushfires as "a great contributor to GDP".
"It is time to end this mis-measure of human progress by economic growth alone."
The ANDI index will measure:
Children and young people’s wellbeing
Community and regional life
Culture, recreation and leisure
Governance and democracy
Economic life and prosperity
Education, knowledge and creativity
Environment and sustainability
Justice, fairness and human rights
Health
Indigenous wellbeing
Work and work-life balance
Subjective wellbeing and life satisfaction
Fiona argues that GDP (Gross Domestic Product - the usual indicator of economic growth) is a "very flawed measure" that takes no account of the impact on our wellbeing. She instances the 2009 bushfires as "a great contributor to GDP".
"It is time to end this mis-measure of human progress by economic growth alone."
The ANDI index will measure: