[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.44,0:00:04.51,Default,,0000,0000,0000,,On January 4, 1934,
Dialogue: 0,0:00:04.51,0:00:07.53,Default,,0000,0000,0000,,a young man delivered a report
Dialogue: 0,0:00:07.53,0:00:09.91,Default,,0000,0000,0000,,to the United States Congress
Dialogue: 0,0:00:09.91,0:00:11.87,Default,,0000,0000,0000,,that 80 years on,
Dialogue: 0,0:00:11.87,0:00:16.53,Default,,0000,0000,0000,,still shapes the lives of\Neveryone in this room today,
Dialogue: 0,0:00:16.53,0:00:22.22,Default,,0000,0000,0000,,still shapes the lives of\Neveryone on this planet.
Dialogue: 0,0:00:22.22,0:00:25.10,Default,,0000,0000,0000,,That young man wasn't a politician,
Dialogue: 0,0:00:25.10,0:00:27.10,Default,,0000,0000,0000,,he wasn't a businessman,
Dialogue: 0,0:00:27.10,0:00:28.44,Default,,0000,0000,0000,,a civil rights activist
Dialogue: 0,0:00:28.44,0:00:30.21,Default,,0000,0000,0000,,or a faith leader.
Dialogue: 0,0:00:30.21,0:00:33.48,Default,,0000,0000,0000,,He was that most unlikely of heroes,
Dialogue: 0,0:00:33.48,0:00:35.98,Default,,0000,0000,0000,,an economist.
Dialogue: 0,0:00:37.01,0:00:39.55,Default,,0000,0000,0000,,His name was Simon Kuznets
Dialogue: 0,0:00:39.55,0:00:42.70,Default,,0000,0000,0000,,and the report that \Nhe delivered was called
Dialogue: 0,0:00:42.70,0:00:47.15,Default,,0000,0000,0000,,"National Income, 1929-1932."
Dialogue: 0,0:00:47.15,0:00:48.63,Default,,0000,0000,0000,,Now, you might think
Dialogue: 0,0:00:48.63,0:00:51.72,Default,,0000,0000,0000,,this is a rather dry and dull report.
Dialogue: 0,0:00:51.72,0:00:53.80,Default,,0000,0000,0000,,And you're absolutely right.
Dialogue: 0,0:00:53.80,0:00:56.26,Default,,0000,0000,0000,,It's dry as a bone.
Dialogue: 0,0:00:56.26,0:00:58.57,Default,,0000,0000,0000,,But this report is the foundation
Dialogue: 0,0:00:58.57,0:01:01.50,Default,,0000,0000,0000,,of how, today, we judge the \Nsuccess of countries:
Dialogue: 0,0:01:01.50,0:01:05.05,Default,,0000,0000,0000,,what we know best as\NGross Domestic Product,
Dialogue: 0,0:01:05.05,0:01:07.36,Default,,0000,0000,0000,,GDP.
Dialogue: 0,0:01:07.36,0:01:10.27,Default,,0000,0000,0000,,GDP has defined and shaped our lives
Dialogue: 0,0:01:10.27,0:01:12.86,Default,,0000,0000,0000,,for the last 80 years.
Dialogue: 0,0:01:12.86,0:01:14.68,Default,,0000,0000,0000,,And today I want to talk about \N
Dialogue: 0,0:01:14.68,0:01:18.52,Default,,0000,0000,0000,,a different way to measure\Nthe success of countries,
Dialogue: 0,0:01:18.52,0:01:21.67,Default,,0000,0000,0000,,a different way to define \Nand shape our lives
Dialogue: 0,0:01:21.67,0:01:24.93,Default,,0000,0000,0000,,for the next 80 years.
Dialogue: 0,0:01:24.93,0:01:26.82,Default,,0000,0000,0000,,But first, we have to understand
Dialogue: 0,0:01:26.82,0:01:30.73,Default,,0000,0000,0000,,how GDP came to\Ndominate our lives.
Dialogue: 0,0:01:30.73,0:01:32.99,Default,,0000,0000,0000,,Kuznets' report was delivered
Dialogue: 0,0:01:32.99,0:01:34.71,Default,,0000,0000,0000,,at a moment of crisis.
Dialogue: 0,0:01:34.71,0:01:36.73,Default,,0000,0000,0000,,The U.S. economy was plummeting
Dialogue: 0,0:01:36.73,0:01:38.35,Default,,0000,0000,0000,,into the Great Depression
Dialogue: 0,0:01:38.35,0:01:41.43,Default,,0000,0000,0000,,and policy makers were \Nstruggling to respond.
Dialogue: 0,0:01:41.43,0:01:44.58,Default,,0000,0000,0000,,Struggling because they didn't\Nknow what was going on.
Dialogue: 0,0:01:44.58,0:01:47.96,Default,,0000,0000,0000,,They didn't have data and statistics.
Dialogue: 0,0:01:47.96,0:01:50.78,Default,,0000,0000,0000,,So what Kuznet's report gave them
Dialogue: 0,0:01:50.78,0:01:54.06,Default,,0000,0000,0000,,was reliable data on what \Nthe U.S. economy
Dialogue: 0,0:01:54.06,0:01:55.20,Default,,0000,0000,0000,,was producing,
Dialogue: 0,0:01:55.20,0:01:58.26,Default,,0000,0000,0000,,updated year by year.
Dialogue: 0,0:01:58.26,0:02:00.60,Default,,0000,0000,0000,,And armed with this information,
Dialogue: 0,0:02:00.60,0:02:02.61,Default,,0000,0000,0000,,policy makers were, eventually,
Dialogue: 0,0:02:02.61,0:02:06.04,Default,,0000,0000,0000,,able to find a way out \Nof the slump.
Dialogue: 0,0:02:06.04,0:02:07.92,Default,,0000,0000,0000,,And because Kuznets' invention
Dialogue: 0,0:02:07.92,0:02:09.69,Default,,0000,0000,0000,,was found to be so useful,
Dialogue: 0,0:02:09.69,0:02:11.38,Default,,0000,0000,0000,,it spread around the world.
Dialogue: 0,0:02:11.38,0:02:13.85,Default,,0000,0000,0000,,And now today, every country
Dialogue: 0,0:02:13.85,0:02:16.82,Default,,0000,0000,0000,,produces GDP statistics.
Dialogue: 0,0:02:16.82,0:02:19.92,Default,,0000,0000,0000,,But, in that first report,
Dialogue: 0,0:02:19.92,0:02:23.47,Default,,0000,0000,0000,,Kuznets himself delivered a warning.
Dialogue: 0,0:02:23.47,0:02:25.45,Default,,0000,0000,0000,,It's in the introductory chapter.
Dialogue: 0,0:02:25.45,0:02:27.48,Default,,0000,0000,0000,,On page seven he says,
Dialogue: 0,0:02:27.48,0:02:30.11,Default,,0000,0000,0000,,"The welfare of a nation can, therefore,
Dialogue: 0,0:02:30.11,0:02:31.66,Default,,0000,0000,0000,,scarcely be inferred
Dialogue: 0,0:02:31.66,0:02:33.66,Default,,0000,0000,0000,,from a measurement of \Nnational income
Dialogue: 0,0:02:33.66,0:02:35.60,Default,,0000,0000,0000,,as defined above."
Dialogue: 0,0:02:35.60,0:02:38.97,Default,,0000,0000,0000,,It's not the greatest sound \Nbite in the world,
Dialogue: 0,0:02:38.97,0:02:42.60,Default,,0000,0000,0000,,and it's dressed up in the cautious \Nlanguage of the economist.
Dialogue: 0,0:02:42.60,0:02:44.77,Default,,0000,0000,0000,,But his message was clear:
Dialogue: 0,0:02:44.77,0:02:46.51,Default,,0000,0000,0000,,GDP is a tool
Dialogue: 0,0:02:46.51,0:02:49.57,Default,,0000,0000,0000,,to help us measure\Neconomic performance.
Dialogue: 0,0:02:49.57,0:02:52.53,Default,,0000,0000,0000,,It's not a measure\Nof our well-being.
Dialogue: 0,0:02:52.53,0:02:57.35,Default,,0000,0000,0000,,And it shouldn't be a guide \Nto all decision making.
Dialogue: 0,0:02:57.35,0:03:00.22,Default,,0000,0000,0000,,But we have ignored Kuznets' warning.
Dialogue: 0,0:03:00.22,0:03:01.78,Default,,0000,0000,0000,,We live in a world where
Dialogue: 0,0:03:01.78,0:03:04.90,Default,,0000,0000,0000,,GDP is the benchmark of success
Dialogue: 0,0:03:04.90,0:03:07.18,Default,,0000,0000,0000,,in a global economy.
Dialogue: 0,0:03:07.18,0:03:10.41,Default,,0000,0000,0000,,Our politicians boast when\NGDP goes up.
Dialogue: 0,0:03:10.41,0:03:11.69,Default,,0000,0000,0000,,Markets move
Dialogue: 0,0:03:11.69,0:03:13.56,Default,,0000,0000,0000,,and trillions of dollars of capital
Dialogue: 0,0:03:13.56,0:03:14.99,Default,,0000,0000,0000,,move around the world
Dialogue: 0,0:03:14.99,0:03:16.74,Default,,0000,0000,0000,,based on which countries\Nare going up
Dialogue: 0,0:03:16.74,0:03:18.58,Default,,0000,0000,0000,,and which countries \Nare going down,
Dialogue: 0,0:03:18.58,0:03:21.20,Default,,0000,0000,0000,,all measured in GDP.
Dialogue: 0,0:03:21.20,0:03:22.53,Default,,0000,0000,0000,,Our societies have become
Dialogue: 0,0:03:22.53,0:03:26.91,Default,,0000,0000,0000,,engines to create more GDP.
Dialogue: 0,0:03:26.91,0:03:30.44,Default,,0000,0000,0000,,But we know that GDP is flawed.
Dialogue: 0,0:03:30.44,0:03:32.97,Default,,0000,0000,0000,,It ignores the environment.
Dialogue: 0,0:03:32.97,0:03:36.63,Default,,0000,0000,0000,,It counts bombs and prisons as progress.
Dialogue: 0,0:03:36.63,0:03:39.87,Default,,0000,0000,0000,,It can't count happiness or community.
Dialogue: 0,0:03:39.88,0:03:44.62,Default,,0000,0000,0000,,And it has nothing to say \Nabout fairness or justice.
Dialogue: 0,0:03:44.62,0:03:47.32,Default,,0000,0000,0000,,Is it any surprise that our world,
Dialogue: 0,0:03:47.32,0:03:50.16,Default,,0000,0000,0000,,marching to the drumbeat of GDP,
Dialogue: 0,0:03:50.16,0:03:53.43,Default,,0000,0000,0000,,is teetering on the brink\Nof environmental disaster
Dialogue: 0,0:03:53.43,0:03:56.94,Default,,0000,0000,0000,,and filled with anger and conflict?
Dialogue: 0,0:03:56.94,0:04:01.33,Default,,0000,0000,0000,,We need a better way\Nto measure our societies,
Dialogue: 0,0:04:01.34,0:04:06.72,Default,,0000,0000,0000,,a measure based on the real \Nthings that matter to real people.
Dialogue: 0,0:04:06.72,0:04:08.69,Default,,0000,0000,0000,,Do I have enough to eat?
Dialogue: 0,0:04:08.69,0:04:10.76,Default,,0000,0000,0000,,Can I read and write?
Dialogue: 0,0:04:10.76,0:04:12.50,Default,,0000,0000,0000,,Am I safe?
Dialogue: 0,0:04:12.50,0:04:14.66,Default,,0000,0000,0000,,Do I have rights?
Dialogue: 0,0:04:14.66,0:04:17.78,Default,,0000,0000,0000,,Do I live in a society where\NI'm not discriminated against?
Dialogue: 0,0:04:17.78,0:04:24.22,Default,,0000,0000,0000,,Is my future and the future of my children \Nprevented from environmental destruction?
Dialogue: 0,0:04:24.22,0:04:26.11,Default,,0000,0000,0000,,These are questions that GDP
Dialogue: 0,0:04:26.11,0:04:31.02,Default,,0000,0000,0000,,does not and cannot answer.
Dialogue: 0,0:04:31.02,0:04:32.54,Default,,0000,0000,0000,,There have, of course,
Dialogue: 0,0:04:32.54,0:04:33.92,Default,,0000,0000,0000,,been efforts in the past
Dialogue: 0,0:04:33.92,0:04:36.56,Default,,0000,0000,0000,,to move beyond GDP.
Dialogue: 0,0:04:36.56,0:04:37.94,Default,,0000,0000,0000,,But I believe that we're living
Dialogue: 0,0:04:37.94,0:04:39.21,Default,,0000,0000,0000,,in a moment when we
Dialogue: 0,0:04:39.21,0:04:42.95,Default,,0000,0000,0000,,are ready for a measurement revolution.
Dialogue: 0,0:04:42.95,0:04:45.63,Default,,0000,0000,0000,,We're ready because we've seen,
Dialogue: 0,0:04:45.63,0:04:47.86,Default,,0000,0000,0000,,in the financial crisis of 2008,
Dialogue: 0,0:04:47.86,0:04:50.68,Default,,0000,0000,0000,,how our fetish for economic growth
Dialogue: 0,0:04:50.68,0:04:52.71,Default,,0000,0000,0000,,led us so far astray.
Dialogue: 0,0:04:52.71,0:04:55.10,Default,,0000,0000,0000,,We've seen, in the Arab Spring,
Dialogue: 0,0:04:55.10,0:04:56.94,Default,,0000,0000,0000,,how countries like Tunisia
Dialogue: 0,0:04:56.94,0:04:59.69,Default,,0000,0000,0000,,were supposedly economic superstars,
Dialogue: 0,0:04:59.69,0:05:01.22,Default,,0000,0000,0000,,but they were societies
Dialogue: 0,0:05:01.22,0:05:04.50,Default,,0000,0000,0000,,that were seething with discontentment.
Dialogue: 0,0:05:04.50,0:05:08.18,Default,,0000,0000,0000,,We're ready, because today\Nwe have the technology
Dialogue: 0,0:05:08.18,0:05:10.50,Default,,0000,0000,0000,,to gather and analyze data
Dialogue: 0,0:05:10.50,0:05:14.54,Default,,0000,0000,0000,,in ways that would have been\Nunimaginable to Kuznets.
Dialogue: 0,0:05:14.54,0:05:19.43,Default,,0000,0000,0000,,Today, I'd like to introduce you \Nto the Social Progress Index.
Dialogue: 0,0:05:19.43,0:05:22.16,Default,,0000,0000,0000,,It's a measure of the \Nwell-being of society,
Dialogue: 0,0:05:22.16,0:05:24.91,Default,,0000,0000,0000,,completely separate from GDP.
Dialogue: 0,0:05:24.91,0:05:28.56,Default,,0000,0000,0000,,It's a whole new way\Nof looking at the world.
Dialogue: 0,0:05:28.57,0:05:30.18,Default,,0000,0000,0000,,The Social Progress Index
Dialogue: 0,0:05:30.18,0:05:31.50,Default,,0000,0000,0000,,begins by defining what it
Dialogue: 0,0:05:31.50,0:05:33.45,Default,,0000,0000,0000,,means to be a good society
Dialogue: 0,0:05:33.45,0:05:36.94,Default,,0000,0000,0000,,based around three dimensions.
Dialogue: 0,0:05:36.94,0:05:41.04,Default,,0000,0000,0000,,The first is, does everyone have\Nthe basic needs for survival:
Dialogue: 0,0:05:41.04,0:05:43.88,Default,,0000,0000,0000,,food, water, shelter, safety?
Dialogue: 0,0:05:43.88,0:05:46.60,Default,,0000,0000,0000,,Secondly, does everyone have
Dialogue: 0,0:05:46.60,0:05:49.44,Default,,0000,0000,0000,,access to the building blocks \Nto improve their lives:
Dialogue: 0,0:05:49.44,0:05:53.95,Default,,0000,0000,0000,,education, information, health\Nand sustainable environment?
Dialogue: 0,0:05:53.95,0:05:57.63,Default,,0000,0000,0000,,And then third, does every \Nindividual have access
Dialogue: 0,0:05:57.63,0:06:00.41,Default,,0000,0000,0000,,to a chance to pursue their goals
Dialogue: 0,0:06:00.41,0:06:02.26,Default,,0000,0000,0000,,and dreams and ambitions
Dialogue: 0,0:06:02.26,0:06:03.42,Default,,0000,0000,0000,,free from obstacles?
Dialogue: 0,0:06:03.42,0:06:04.96,Default,,0000,0000,0000,,Do they have rights,
Dialogue: 0,0:06:04.96,0:06:06.35,Default,,0000,0000,0000,,freedom of choice,
Dialogue: 0,0:06:06.35,0:06:07.88,Default,,0000,0000,0000,,freedom from discrimination
Dialogue: 0,0:06:07.88,0:06:11.34,Default,,0000,0000,0000,,and access to the the world's\Nmost advanced knowledge?
Dialogue: 0,0:06:11.34,0:06:14.70,Default,,0000,0000,0000,,Together, these 12 components
Dialogue: 0,0:06:14.70,0:06:18.04,Default,,0000,0000,0000,,form the Social Progress framework.
Dialogue: 0,0:06:18.04,0:06:20.12,Default,,0000,0000,0000,,And for each of these 12 components,
Dialogue: 0,0:06:20.12,0:06:23.55,Default,,0000,0000,0000,,we have indicators to measure \Nhow countries are performing.
Dialogue: 0,0:06:23.55,0:06:26.68,Default,,0000,0000,0000,,Not indicators of effort or intention,
Dialogue: 0,0:06:26.68,0:06:28.93,Default,,0000,0000,0000,,but real achievement.
Dialogue: 0,0:06:28.93,0:06:32.13,Default,,0000,0000,0000,,We don't measure how much\Na country spends on healthcare,
Dialogue: 0,0:06:32.13,0:06:36.45,Default,,0000,0000,0000,,we measure the length and \Nquality of people's lives.
Dialogue: 0,0:06:36.45,0:06:41.04,Default,,0000,0000,0000,,We don't measure whether governments\Npass laws against discrimination,
Dialogue: 0,0:06:41.04,0:06:45.48,Default,,0000,0000,0000,,we measure whether people \Nexperience discrimination.
Dialogue: 0,0:06:45.48,0:06:46.84,Default,,0000,0000,0000,,But what you want to know
Dialogue: 0,0:06:46.84,0:06:49.85,Default,,0000,0000,0000,,is who's top, don't you?\N(Laughter)
Dialogue: 0,0:06:49.85,0:06:51.67,Default,,0000,0000,0000,,I knew that, I knew that, I knew that.
Dialogue: 0,0:06:51.67,0:06:53.19,Default,,0000,0000,0000,,Okay, I'm going to show you.
Dialogue: 0,0:06:53.19,0:06:55.59,Default,,0000,0000,0000,,I'm going to show you on this chart.
Dialogue: 0,0:06:55.59,0:06:56.93,Default,,0000,0000,0000,,So here we are,
Dialogue: 0,0:06:56.93,0:07:01.14,Default,,0000,0000,0000,,what I've done here is put on the \Nvertical axis social progress.
Dialogue: 0,0:07:01.15,0:07:02.48,Default,,0000,0000,0000,,Higher is better.
Dialogue: 0,0:07:02.48,0:07:04.50,Default,,0000,0000,0000,,And then, just for comparison,
Dialogue: 0,0:07:04.50,0:07:05.82,Default,,0000,0000,0000,,just for fun,
Dialogue: 0,0:07:05.82,0:07:09.68,Default,,0000,0000,0000,,on the horizontal axis\Nis GDP per capita.
Dialogue: 0,0:07:09.69,0:07:11.58,Default,,0000,0000,0000,,Further to the right is more.
Dialogue: 0,0:07:11.58,0:07:14.74,Default,,0000,0000,0000,,So the country in the world
Dialogue: 0,0:07:14.74,0:07:18.13,Default,,0000,0000,0000,,with the highest social progress,
Dialogue: 0,0:07:18.13,0:07:21.49,Default,,0000,0000,0000,,the number one country on social progress
Dialogue: 0,0:07:21.49,0:07:24.88,Default,,0000,0000,0000,,is New Zealand.
Dialogue: 0,0:07:24.88,0:07:28.40,Default,,0000,0000,0000,,(Applause)
Dialogue: 0,0:07:28.40,0:07:31.22,Default,,0000,0000,0000,,Well done! Never been; must go.
Dialogue: 0,0:07:31.22,0:07:33.54,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:07:33.54,0:07:36.40,Default,,0000,0000,0000,,The country with the least social progress,
Dialogue: 0,0:07:36.40,0:07:38.71,Default,,0000,0000,0000,,I'm sorry to say, is Chad.
Dialogue: 0,0:07:38.72,0:07:41.64,Default,,0000,0000,0000,,I've never been; maybe next year.
Dialogue: 0,0:07:41.64,0:07:43.45,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:07:43.45,0:07:45.64,Default,,0000,0000,0000,,Or maybe the year after.
Dialogue: 0,0:07:45.64,0:07:47.21,Default,,0000,0000,0000,,Now, I know what you're thinking.
Dialogue: 0,0:07:47.21,0:07:48.59,Default,,0000,0000,0000,,You're thinking, "Aha,
Dialogue: 0,0:07:48.59,0:07:50.99,Default,,0000,0000,0000,,but New Zealand has a higher GDP
Dialogue: 0,0:07:50.99,0:07:52.85,Default,,0000,0000,0000,,than Chad!"
Dialogue: 0,0:07:52.85,0:07:55.34,Default,,0000,0000,0000,,It's a good point, well made.
Dialogue: 0,0:07:55.34,0:07:56.81,Default,,0000,0000,0000,,But let me show you
Dialogue: 0,0:07:56.81,0:07:58.07,Default,,0000,0000,0000,,two other countries.
Dialogue: 0,0:07:58.07,0:08:00.50,Default,,0000,0000,0000,,Here's the United States —
Dialogue: 0,0:08:00.50,0:08:03.24,Default,,0000,0000,0000,,considerably richer than New Zealand,
Dialogue: 0,0:08:03.24,0:08:05.69,Default,,0000,0000,0000,,but with a lower level of social progress.
Dialogue: 0,0:08:05.69,0:08:08.34,Default,,0000,0000,0000,,And then here's Senegal —
Dialogue: 0,0:08:08.34,0:08:12.34,Default,,0000,0000,0000,,it's got a higher level of \Nsocial progress than Chad,
Dialogue: 0,0:08:12.34,0:08:14.29,Default,,0000,0000,0000,,but the same level of GDP.
Dialogue: 0,0:08:14.29,0:08:16.04,Default,,0000,0000,0000,,So what's going on? Well, look.
Dialogue: 0,0:08:16.04,0:08:18.54,Default,,0000,0000,0000,,Let me bring in the rest of \Nthe countries of the world,
Dialogue: 0,0:08:18.54,0:08:20.74,Default,,0000,0000,0000,,the 132 we've been able to measure,
Dialogue: 0,0:08:20.74,0:08:23.08,Default,,0000,0000,0000,,each one represented by a dot.
Dialogue: 0,0:08:23.08,0:08:24.58,Default,,0000,0000,0000,,There we go. Lots of dots.
Dialogue: 0,0:08:24.58,0:08:26.32,Default,,0000,0000,0000,,Now, obviously I can't do all of them,
Dialogue: 0,0:08:26.32,0:08:28.06,Default,,0000,0000,0000,,so a few highlights for you:
Dialogue: 0,0:08:28.06,0:08:32.88,Default,,0000,0000,0000,,The highest ranked G7 country is Canada.
Dialogue: 0,0:08:32.88,0:08:34.98,Default,,0000,0000,0000,,My country, the United Kingdom,
Dialogue: 0,0:08:34.98,0:08:37.70,Default,,0000,0000,0000,,is sort of middling, sort of dull,
Dialogue: 0,0:08:37.70,0:08:39.06,Default,,0000,0000,0000,,but who cares —
Dialogue: 0,0:08:39.06,0:08:41.24,Default,,0000,0000,0000,,at least we beat the French.
Dialogue: 0,0:08:41.24,0:08:44.17,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,0:08:48.74,0:08:51.00,Default,,0000,0000,0000,,And then looking at the \Nemerging economies,
Dialogue: 0,0:08:51.00,0:08:54.34,Default,,0000,0000,0000,,top of the BRICS, \Npleased to say, is Brazil.
Dialogue: 0,0:08:54.34,0:08:56.04,Default,,0000,0000,0000,,(Applause)
Dialogue: 0,0:08:56.04,0:08:57.83,Default,,0000,0000,0000,,Come on, cheer!
Dialogue: 0,0:08:57.83,0:08:59.77,Default,,0000,0000,0000,,Go, Brazil!
Dialogue: 0,0:08:59.77,0:09:01.31,Default,,0000,0000,0000,,Beating South Africa,
Dialogue: 0,0:09:01.31,0:09:02.60,Default,,0000,0000,0000,,then Russia,
Dialogue: 0,0:09:02.60,0:09:03.73,Default,,0000,0000,0000,,then China
Dialogue: 0,0:09:03.73,0:09:05.31,Default,,0000,0000,0000,,and then India.
Dialogue: 0,0:09:05.31,0:09:07.67,Default,,0000,0000,0000,,Tucked away on the right-hand side,
Dialogue: 0,0:09:07.67,0:09:11.02,Default,,0000,0000,0000,,you will see a dot of a \Ncountry with a lot of GDP
Dialogue: 0,0:09:11.02,0:09:12.97,Default,,0000,0000,0000,,but not a huge amount \Nof social progress —
Dialogue: 0,0:09:12.97,0:09:14.95,Default,,0000,0000,0000,,that's Kuwait.
Dialogue: 0,0:09:14.95,0:09:16.64,Default,,0000,0000,0000,,Just above Brazil
Dialogue: 0,0:09:16.64,0:09:18.96,Default,,0000,0000,0000,,is a social progress superpower —
Dialogue: 0,0:09:18.96,0:09:20.46,Default,,0000,0000,0000,,that's Costa Rica.
Dialogue: 0,0:09:20.46,0:09:24.43,Default,,0000,0000,0000,,It's got a level of social progress the same \Nas some Western European countries,
Dialogue: 0,0:09:24.43,0:09:26.40,Default,,0000,0000,0000,,with a much lower GDP.
Dialogue: 0,0:09:26.40,0:09:28.68,Default,,0000,0000,0000,,Now, my slide is getting \Na little cluttered
Dialogue: 0,0:09:28.68,0:09:30.36,Default,,0000,0000,0000,,and I'd like to step back a bit.
Dialogue: 0,0:09:30.36,0:09:31.82,Default,,0000,0000,0000,,So let me take away these countries,
Dialogue: 0,0:09:31.82,0:09:34.73,Default,,0000,0000,0000,,and then pop in the regression line.
Dialogue: 0,0:09:34.73,0:09:36.38,Default,,0000,0000,0000,,So this shows the average relationship
Dialogue: 0,0:09:36.38,0:09:38.90,Default,,0000,0000,0000,,between GDP and social progress.
Dialogue: 0,0:09:38.90,0:09:41.14,Default,,0000,0000,0000,,The first thing to notice,
Dialogue: 0,0:09:41.14,0:09:42.99,Default,,0000,0000,0000,,is that there's lots of noise
Dialogue: 0,0:09:42.99,0:09:44.69,Default,,0000,0000,0000,,around the trend line.
Dialogue: 0,0:09:44.69,0:09:46.28,Default,,0000,0000,0000,,And what this shows,
Dialogue: 0,0:09:46.28,0:09:49.16,Default,,0000,0000,0000,,what this empirically demonstrates,
Dialogue: 0,0:09:49.16,0:09:52.19,Default,,0000,0000,0000,,is that GDP is not destiny.
Dialogue: 0,0:09:52.19,0:09:55.40,Default,,0000,0000,0000,,At every level of GDP per capita,
Dialogue: 0,0:09:55.40,0:09:58.59,Default,,0000,0000,0000,,there are opportunities\Nfor more social progress,
Dialogue: 0,0:09:58.59,0:10:00.60,Default,,0000,0000,0000,,risks of less.
Dialogue: 0,0:10:00.60,0:10:02.06,Default,,0000,0000,0000,,The second thing to notice
Dialogue: 0,0:10:02.06,0:10:04.56,Default,,0000,0000,0000,,is that for poor countries,
Dialogue: 0,0:10:04.56,0:10:06.53,Default,,0000,0000,0000,,the curve is really steep.
Dialogue: 0,0:10:06.53,0:10:07.81,Default,,0000,0000,0000,,So what this tells us is that
Dialogue: 0,0:10:07.81,0:10:09.06,Default,,0000,0000,0000,,if poor countries can get
Dialogue: 0,0:10:09.06,0:10:10.95,Default,,0000,0000,0000,,a little bit of extra GDP,
Dialogue: 0,0:10:10.95,0:10:12.74,Default,,0000,0000,0000,,and if they reinvest that
Dialogue: 0,0:10:12.74,0:10:15.41,Default,,0000,0000,0000,,in doctors, nurses, water supplies,
Dialogue: 0,0:10:15.41,0:10:16.78,Default,,0000,0000,0000,,sanitation, etc.,
Dialogue: 0,0:10:16.78,0:10:18.80,Default,,0000,0000,0000,,there's a lot of social progress bang
Dialogue: 0,0:10:18.80,0:10:20.39,Default,,0000,0000,0000,,for your GDP buck.
Dialogue: 0,0:10:20.39,0:10:23.96,Default,,0000,0000,0000,,And that's good news, and that's what \Nwe've seen over the last 20, 30 years,
Dialogue: 0,0:10:23.96,0:10:25.96,Default,,0000,0000,0000,,with a lot of people lifted out of poverty
Dialogue: 0,0:10:25.96,0:10:28.17,Default,,0000,0000,0000,,by economic growth and good policies
Dialogue: 0,0:10:28.17,0:10:30.04,Default,,0000,0000,0000,,in poorer countries.
Dialogue: 0,0:10:30.04,0:10:32.24,Default,,0000,0000,0000,,But go on a bit further up the curve,
Dialogue: 0,0:10:32.24,0:10:34.35,Default,,0000,0000,0000,,and then we see it flattening out.
Dialogue: 0,0:10:34.35,0:10:36.60,Default,,0000,0000,0000,,Each extra dollar of GDP
Dialogue: 0,0:10:36.60,0:10:39.84,Default,,0000,0000,0000,,is buying less and less social progress.
Dialogue: 0,0:10:39.84,0:10:42.51,Default,,0000,0000,0000,,And with more and more\Nof the world's population
Dialogue: 0,0:10:42.51,0:10:45.08,Default,,0000,0000,0000,,living on this part of the curve,
Dialogue: 0,0:10:45.08,0:10:47.30,Default,,0000,0000,0000,,it means GDP is becoming
Dialogue: 0,0:10:47.30,0:10:49.08,Default,,0000,0000,0000,,less and less useful
Dialogue: 0,0:10:49.08,0:10:51.60,Default,,0000,0000,0000,,as a guide to our development.
Dialogue: 0,0:10:51.60,0:10:53.75,Default,,0000,0000,0000,,I'll show you an example of Brazil.
Dialogue: 0,0:10:53.75,0:10:54.97,Default,,0000,0000,0000,,Here's Brazil:
Dialogue: 0,0:10:54.97,0:10:57.84,Default,,0000,0000,0000,,social progress of about 70 out of 100,
Dialogue: 0,0:10:57.84,0:11:00.34,Default,,0000,0000,0000,,GDP per capita about \N14,000 dollars a year.
Dialogue: 0,0:11:00.34,0:11:03.26,Default,,0000,0000,0000,,And look, Brazil's above the line.
Dialogue: 0,0:11:03.26,0:11:05.14,Default,,0000,0000,0000,,Brazil is doing a reasonably good job
Dialogue: 0,0:11:05.14,0:11:08.47,Default,,0000,0000,0000,,of turning GDP into social progress.
Dialogue: 0,0:11:08.47,0:11:10.45,Default,,0000,0000,0000,,But where does Brazil go next?
Dialogue: 0,0:11:10.45,0:11:11.97,Default,,0000,0000,0000,,Let's say that Brazil
Dialogue: 0,0:11:11.97,0:11:13.74,Default,,0000,0000,0000,,adopts a bold economic plan
Dialogue: 0,0:11:13.74,0:11:16.04,Default,,0000,0000,0000,,to double GDP in the next decade.
Dialogue: 0,0:11:16.04,0:11:19.66,Default,,0000,0000,0000,,But that is only half a plan.
Dialogue: 0,0:11:19.66,0:11:21.93,Default,,0000,0000,0000,,It's less than half a plan,
Dialogue: 0,0:11:21.93,0:11:25.18,Default,,0000,0000,0000,,because where does Brazil\Nwant to go on social progress?
Dialogue: 0,0:11:25.19,0:11:27.50,Default,,0000,0000,0000,,Brazil, it's possible
Dialogue: 0,0:11:27.50,0:11:29.24,Default,,0000,0000,0000,,to increase your growth,
Dialogue: 0,0:11:29.24,0:11:30.82,Default,,0000,0000,0000,,increase your GDP,
Dialogue: 0,0:11:30.82,0:11:32.71,Default,,0000,0000,0000,,while stagnating or going backwards
Dialogue: 0,0:11:32.71,0:11:34.06,Default,,0000,0000,0000,,on social progress.
Dialogue: 0,0:11:34.06,0:11:35.24,Default,,0000,0000,0000,,We don't want Brazil
Dialogue: 0,0:11:35.24,0:11:36.97,Default,,0000,0000,0000,,to become like Russia.
Dialogue: 0,0:11:36.97,0:11:39.29,Default,,0000,0000,0000,,What you really want is for Brazil
Dialogue: 0,0:11:39.29,0:11:44.24,Default,,0000,0000,0000,,to get ever more efficient at creating \Nsocial progress from its GDP,
Dialogue: 0,0:11:44.24,0:11:46.54,Default,,0000,0000,0000,,so it becomes more like New Zealand.
Dialogue: 0,0:11:46.54,0:11:48.12,Default,,0000,0000,0000,,And what that means is that
Dialogue: 0,0:11:48.12,0:11:50.78,Default,,0000,0000,0000,,Brazil needs to prioritize social progress
Dialogue: 0,0:11:50.78,0:11:52.47,Default,,0000,0000,0000,,in its development plan
Dialogue: 0,0:11:52.47,0:11:54.88,Default,,0000,0000,0000,,and see that it's not just growth alone,
Dialogue: 0,0:11:54.88,0:11:57.53,Default,,0000,0000,0000,,it's growth with social progress.
Dialogue: 0,0:11:57.53,0:12:00.15,Default,,0000,0000,0000,,And that's what the Social \NProgress Index does:
Dialogue: 0,0:12:00.15,0:12:02.76,Default,,0000,0000,0000,,It reframes the debate about development,
Dialogue: 0,0:12:02.76,0:12:04.82,Default,,0000,0000,0000,,not just about GDP alone,
Dialogue: 0,0:12:04.82,0:12:07.40,Default,,0000,0000,0000,,but inclusive, sustainable growth
Dialogue: 0,0:12:07.40,0:12:11.82,Default,,0000,0000,0000,,that brings real improvements \Nin people's lives.
Dialogue: 0,0:12:11.82,0:12:14.39,Default,,0000,0000,0000,,And it's not just about countries.
Dialogue: 0,0:12:14.39,0:12:17.18,Default,,0000,0000,0000,,Earlier this year,
Dialogue: 0,0:12:17.18,0:12:21.75,Default,,0000,0000,0000,,with our friends from the Imazon \Nnonprofit here in Brazil,
Dialogue: 0,0:12:21.75,0:12:26.41,Default,,0000,0000,0000,,we launched the first subnational \NSocial Progress Index.
Dialogue: 0,0:12:26.41,0:12:28.87,Default,,0000,0000,0000,,We did it for the Amazon region.
Dialogue: 0,0:12:28.87,0:12:32.66,Default,,0000,0000,0000,,It's an area the size of \NEurope, 24 million people,
Dialogue: 0,0:12:32.66,0:12:35.08,Default,,0000,0000,0000,,one of the most deprived \Nparts of the country.
Dialogue: 0,0:12:35.08,0:12:36.99,Default,,0000,0000,0000,,And here are the results,
Dialogue: 0,0:12:36.99,0:12:38.63,Default,,0000,0000,0000,,and this is broken down
Dialogue: 0,0:12:38.63,0:12:42.13,Default,,0000,0000,0000,,into nearly 800 different municipalities.
Dialogue: 0,0:12:42.13,0:12:43.82,Default,,0000,0000,0000,,And with this detailed information
Dialogue: 0,0:12:43.82,0:12:46.03,Default,,0000,0000,0000,,about the real quality of life
Dialogue: 0,0:12:46.03,0:12:47.98,Default,,0000,0000,0000,,in this part of the country,
Dialogue: 0,0:12:47.98,0:12:49.96,Default,,0000,0000,0000,,Imazon and other partners
Dialogue: 0,0:12:49.96,0:12:52.29,Default,,0000,0000,0000,,from government, \Nbusiness and civil society
Dialogue: 0,0:12:52.29,0:12:54.00,Default,,0000,0000,0000,,can work together to construct
Dialogue: 0,0:12:54.00,0:12:55.68,Default,,0000,0000,0000,,a development plan
Dialogue: 0,0:12:55.68,0:12:58.01,Default,,0000,0000,0000,,that will help really improve\Npeople's lives,
Dialogue: 0,0:12:58.01,0:13:01.25,Default,,0000,0000,0000,,while protecting that \Nprecious global asset
Dialogue: 0,0:13:01.25,0:13:04.22,Default,,0000,0000,0000,,that is the Amazon Rainforest.
Dialogue: 0,0:13:04.22,0:13:06.12,Default,,0000,0000,0000,,And this is just the beginning,
Dialogue: 0,0:13:06.12,0:13:08.50,Default,,0000,0000,0000,,You can create a Social Progress Index
Dialogue: 0,0:13:08.50,0:13:13.66,Default,,0000,0000,0000,,for any state, region, \Ncity or municipality.
Dialogue: 0,0:13:13.66,0:13:15.73,Default,,0000,0000,0000,,We all know and love TEDx;
Dialogue: 0,0:13:15.73,0:13:17.97,Default,,0000,0000,0000,,this is Social Pogress-x.
Dialogue: 0,0:13:17.97,0:13:21.16,Default,,0000,0000,0000,,This is a tool for anyone to come and use.
Dialogue: 0,0:13:21.16,0:13:24.04,Default,,0000,0000,0000,,Contrary to the way we \Nsometimes talk about it,
Dialogue: 0,0:13:24.04,0:13:30.36,Default,,0000,0000,0000,,GDP was not handed down from \NGod on tablets of stone. (Laughter)
Dialogue: 0,0:13:30.36,0:13:34.36,Default,,0000,0000,0000,,It's a measurement tool\Ninvented in the 20th century
Dialogue: 0,0:13:34.36,0:13:39.15,Default,,0000,0000,0000,,to address the challenges\Nof the 20th century.
Dialogue: 0,0:13:39.15,0:13:41.00,Default,,0000,0000,0000,,In the 21st century,
Dialogue: 0,0:13:41.00,0:13:43.46,Default,,0000,0000,0000,,we face new challenges:
Dialogue: 0,0:13:43.46,0:13:46.56,Default,,0000,0000,0000,,aging, obesity, climate change, and so on.
Dialogue: 0,0:13:46.56,0:13:48.22,Default,,0000,0000,0000,,To face those challenges,
Dialogue: 0,0:13:48.22,0:13:50.24,Default,,0000,0000,0000,,we need new tools of measurement,
Dialogue: 0,0:13:50.24,0:13:53.100,Default,,0000,0000,0000,,new ways of valuing progress.
Dialogue: 0,0:13:53.100,0:13:56.40,Default,,0000,0000,0000,,Imagine if we could measure
Dialogue: 0,0:13:56.40,0:13:58.92,Default,,0000,0000,0000,,what nonprofits, charities,
Dialogue: 0,0:13:58.92,0:14:00.89,Default,,0000,0000,0000,,volunteers, civil society organizations
Dialogue: 0,0:14:00.89,0:14:04.70,Default,,0000,0000,0000,,really contribute to our society.
Dialogue: 0,0:14:04.70,0:14:07.77,Default,,0000,0000,0000,,Imagine if businesses competed
Dialogue: 0,0:14:07.77,0:14:11.18,Default,,0000,0000,0000,,not just on the basis of\Ntheir economic contribution,
Dialogue: 0,0:14:11.18,0:14:15.00,Default,,0000,0000,0000,,but on their contribution \Nto social progress.
Dialogue: 0,0:14:15.00,0:14:18.95,Default,,0000,0000,0000,,Imagine if we could hold \Npoliticians to account
Dialogue: 0,0:14:18.95,0:14:23.15,Default,,0000,0000,0000,,for really improving people's lives.
Dialogue: 0,0:14:23.15,0:14:26.13,Default,,0000,0000,0000,,Imagine if we could work together —
Dialogue: 0,0:14:26.13,0:14:31.20,Default,,0000,0000,0000,,government, business, \Ncivil society, me, you —
Dialogue: 0,0:14:31.20,0:14:36.69,Default,,0000,0000,0000,,and make this century the \Ncentury of social progress.
Dialogue: 0,0:14:36.70,0:14:37.78,Default,,0000,0000,0000,,Thank you.
Dialogue: 0,0:14:37.78,0:14:43.82,Default,,0000,0000,0000,,(Applause)