The most famous national statistics -- GDP, household income and unemployment -- focus on the rational side of what people do: what they spend, how much they make and whether they have a job. But traditional metrics like these paint an incomplete picture. They don’t tell us anything about people’s happiness. Here’s why knowing that is important: People's ratings of their lives trended downward ahead of unrest in the Arab Uprising countries – even as their GDP was increasing. The same was true with Ukraine in the two years leading up to the Euromaidan Revolution.
These statistics make it clear that leaders cannot assume that the lives of those in their countries improve in tandem with rising GDP. Gallup’s data strongly suggest leaders need to follow much more than the traditional metrics to effectively track and lead the progress of their nation.
A presentation by Jon Clifton
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