Daffodil International University
Faculties and Departments => Business Administration => Business & Entrepreneurship => MBA Discussion Forum => Topic started by: Yousuf.Chy on June 21, 2013, 11:36:06 AM
-
The Happy Planet Index (HPI) is an index of human well-being and environmental impact that was introduced by the New Economics Foundation (NEF) in July 2006. The index is weighted to give progressively higher scores to nations with lower ecological footprints.
The index is designed to challenge well-established indices of countries’ development, such as Gross Domestic Product (GDP) and the Human Development Index (HDI), which are seen as not taking sustainability into account. In particular, GDP is seen as inappropriate, as the usual ultimate aim of most people is not to be rich, but to be happy and healthy.Furthermore, it is believed that the notion of sustainable development requires a measure of the environmental costs of pursuing those goals.
Source: Wikipedia