PPPs for policy making: a visual guide to using data from the ICP - Chapter 10: Human Development

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Better Life Index

The Organisation for Economic Co-operation and Development’s (OECD) Better Life Index is an initiative that seeks to help governments put well-being at the center of policy making. It aims to involve citizens in the debate on measuring the well-being of societies and to empower them to become more informed and engaged in the policy making processes that shape their lives. It brings together key factors that contribute to well-being such as education, housing, and the environment. Three PPP-based indicators are used within the index: household net adjusted disposable income, household net wealth, and personal earnings (figure 10.3).

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Acknowledgments

Abbreviations

Introduction

Uses and limitations of Purchasing Power Parities

Chapter 1: The size of the economy and price levels

• Size of the economy
• Per capita measures
• Price levels
• Subnational analyses

Chapter 2: Poverty and inequality

• Poverty
• Inequality and shared prosperity

Chapter 3: Trade and competitiveness

• Competitiveness
• Market convergence
• Productivity

Chapter 4: Labor costs, wages, and social safety nets

• Labor costs
• Wages
• Social safety nets

Chapter 5: Food and nutrition

• Food security and nutrition
• Food consumption

Chapter 6: Health

• Health expenditures
• Health outcomes

Chapter 7: Education

• Education expenditures
• Education outcomes

Chapter 8: Energy and climate

• Energy efficiency
• Emissions and climate change

Chapter 9: Infrastructure

• Investment
• Transport
• Information and communication technology
• Research and development

Chapter 10: Human Development

• Human Development Index
• Gender Development Index
• Better Life Index

Chapter 11: Administrative uses

• Administrative uses

Technical note

• Presentation of data
• Concepts and definitions
• ICP classification of expenditures and indicators
• Further resources

Annex

References