Monday, September 14, 2009

Sarkozy: Happiness Index

France: 'Measure well-being, not just growth'

Economic Times India — French President Nicolas Sarkozy declared on Monday that statisticians should find a way to measure the general well-being of the population rather than just raw economic growth.

Speaking at the launch of a report that he commissioned from Nobel Prize winning economist Joseph Stiglitz, Sarkozy said France would pioneer the new technique and urge other countries to follow suit.
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Sarkozy may quit G20 if limitation on bankers bonuses failed

China View Xinhua — French President Nicolas Sarkozy may quit the G20 summit in Pittsburgh, the United States, next week if leaders fail to make any progress on limiting the bonuses of bankers, French media reported on Monday.

"If there is no concrete decision, I will leave," Sarkozy was quoted by French daily Le Figaro as saying.
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Sarkozy attacks focus on economic growth

London Guardian — Nicolas Sarkozy called for a "great revolution" in the way national wealth is measured today, throwing his weight behind a report which criticises "GDP fetishism" and prioritises quality of life over financial growth.

Speaking days before the G20 summit in Pittsburgh, France's president urged the rest of the world to follow his example as he ordered a shake-up in research methods aimed at providing a more balanced reading of countries' performance.
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  1. Would this be good for the French.....Are they ever happy?

  2. I agree. If Sarkozy succeeds in using happiness to judge their economy then the French will be a Third World Country.