Assessing well-being from the perspective of sustainable human development: the potential of international indices

Nesterova O.A.1, Pozharnitskaya O.V.1
1 Томский государственный университет систем управления и радиоэлектроники, Russia

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Journal paper

Russian Journal of Innovation Economics (РИНЦ, ВАК)
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Volume 8, Number 3 (July-September 2018)

Citation:

Nesterova, O. A., & Pozharnitskaya, O. V. (2018). Assessing well-being from the perspective of sustainable human development: the potential of international indices. Russian Journal of Innovation Economics, 8(3), 335-348. https://doi.org/10.18334/vinec.8.3.39338

Indexed in Russian Science Citation Index: https://elibrary.ru/item.asp?id=36388231
Cited: 17 by 07.12.2023

Abstract:
The article considers the possibility of using international indices to assess well-being, based on the identification of economic, environmental and social components, from the perspective of sustainable human development. Sixteen international indices serving as alternative measures of assessment of the level of well-being are analyzed. The comparative analysis of indices carried out by the authors is based on such key requirements as a strict relationship with well-being, the choice of significant indicators, the reliability and availability of data, the possibility of cross-country comparison. All indices are grouped into three blocks: core/target indicators used to measure well-being; subjective indicators of well-being; indicators of sustainable human development. The article substantiates the need to measure well-being, taking into account not only the prospects of the basic needs of society, but also the prospects of opportunities, taking into account the data of different information space, without missing the beauty of the search for human-environmental relations within each dimension.

Keywords: index, welfare, quality of life, indicator, happiness

JEL-classification: I30, I31, I39

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