[Script Info]
Title: 
[Events]
Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,On the fourth of January, 1934,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,A young man delivered a report
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to the United States Congress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that 80 years on,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,still shapes the lives of\Neveryone in this room today.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Still shapes the lives of\Neveryone on this planet.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,That young man wasn't a politician,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,he wasn't a businessman,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a civil rights activist,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or a faith leader.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,He was the most unlikely of heroes,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,an economist.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,His name was Simon Kuznets
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and the report that he delivered was called,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,"National Income, 1929-32"
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now, you might think that
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,this is a rather dry and dull report,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and you're absolutely right.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's dry as a bone.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But this report is the foundation
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of how, today, we judge the \Nsuccess of countries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,What we know best as\NGross Domestic Product,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,GDP has defined and shaped our lives
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for the last 80 years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And today I want to talk about \N
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a different way to measure\Nthe success of countries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,A different way to define \Nand shape our lives
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for the nest 80 years.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But first, we need to understand
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,how GDP came to\Ndominate our lives.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Kuznet's report was delivered
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,at a moment of crisis.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The U.S. economy was plumetting
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,into the Great Depression.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and policy makers were \Nstruggling to respond.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Struggling because they didn't\Nknow what was going on.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,They didn't have data and statistics.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So what Kuznet's report gave them
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,was reliable data on what \Nthe U.S. economy
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,was producing,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,updated year by year.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And armed with this information,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,policy makers were, eventually,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,able to find a way out \Nof the slump.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And because Kuznet's invention
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,was found to be so useful,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it spread around the world.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And now today, every country
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,produces GDP statistics.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But, in that first report,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Kuznets himself delivered a warning.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's in the introductory chapter,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,page 7 he says,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,"The welfare of a nation can, therefore,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,scarcely be inferred
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,from a measurement of \Nnational income
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,as defined above."
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's not the greatest soundbite \Nin the world,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it's dressed up in the \Ncoursest language
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of the economist,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but his message was clear,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,GDP is a tool
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to help us measure\Neconomic performance.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's not a measure\Nof our wellbeing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it shouldn't be a guide
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to all decision making.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But we have ignored
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Kuznet's warning.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We live in a world where
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,GDP is the benchmark of sucess
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in a global economy.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Our politicians boast when\NGDP goes up,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Markets move
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and trillions of dollars in capital
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,move around the world
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,based on which countries\Nare going up,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and which countries \Nare going down.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,All measured in GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Our societies have become
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,engines to create more GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But we know that GDP is flawed.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It ignores the environment.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It counts bombs and prisons and progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It can't count happiness
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,or community.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And it has nothing to say
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,about fairness or justice.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is it any surprise,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that our world,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,marching to the drumbeat of GDP,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is teetering on the brink
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of environmental disaster
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and filled with anger and conflict?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We need a better way\N
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to measure our societies.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,A measure based on the real things
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that matter to real people.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Do I have enough to eat?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Can I read and write?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Am I safe?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Do I have rights?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Do I live in a society where\NI'm not discriminated against?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Is my future
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and the future of my children
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,prevented from environmental disaster?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,These are questions that GDP
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,does not and cannot answer.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There have, of course,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,been efforts in the past
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to move beyond GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But I believe that we're living
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in a moment when we
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,are ready for a measurement revolution.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We're ready because we've seen,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in the financial crisis of 2008,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,how our fetish for economic growth
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,led us so far astray.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We've seen in the Arab Spring
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,how countries like Tunisia
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,were supposedly economic superstars
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but they were societies
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that were seething with discontentment.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We're ready because today
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we have the technology
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to gather and analyze data
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in ways that would have been
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,unimaginable to Kuznets.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Today, I'd like to introduce you to
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the Social Progress Index.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's a measure of the wellbeing of society,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,completely separate from GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's a whole new way\N[Social Progress Index]
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of looking at the world.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The Social Progress Index
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,begins by defining what it
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,means to be a good society
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,based around three dimensions:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The first is, does everyone have\Nthe basic needs for survival?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Food, water, shelter, safety.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Secondly, does everyone have
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,access to the building blocks
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to improve their lives?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Education, information, health\Nand sustainable environment.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then third,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,does every individual have access
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to the chance to pursue their goals
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and dreams and ambitions
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,free from obstacles?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Do they have rights?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Freedom of choice?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Freedom from discrimination
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and access to the the world's\Nmost advanced knowledge?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Together, these 12 components
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,form the Social Progress framework.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And for each of these 12 components,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we have indicators to measure
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,how these countries are performing.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Not indicators of effort or intention,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but real achievement.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We don't measure how much
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a country spends on healthcare,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we measure the length and quality
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of people's lives.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We don't measure whether governments
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,pass laws against discrimination,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,we measure whether people \Nexperience discrimination.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But, what you want to know
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is who's top, don't you?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I knew that, I knew that, I knew that.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Okay, I'm going to show you.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I'm going to show you on this chart.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So here we are,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,what I've done here is \Nput on the vertical axis
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Higher is better.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then, just for comparison,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,just for fun,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,on the horizontal axis,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is GDP per capita.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Further to the right is more.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Okay,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the country in the world
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with the highest social progress,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the number one country on social progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is New Zealand.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The country with the least social progress,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I'm sorry to say,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is Chad.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I've never been, maybe next year.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Or maybe the year after.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now, I know what you're thinking.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,You're thinking, "Aha!,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but New Zealand has a higher GDP
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,than Chad.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Good point, well made.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But let me show you
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,two other countries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Here's the United States,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,considerably richer than New Zealand,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but with a lower level of social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then here's Senegal,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's got a higher level \Nof social progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,than Chad, but with
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the same level of GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So what's going on?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Well, look.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Let me bring in the rest of \Nthe countries of the world,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the 132 we've been able to measure,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,each one represented by a dot.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,There are lots of dots.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now, obviously I can't do all of them,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,so a few highlights for you:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the highest ranked G7 country is Canada.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,My country, the United Kingdom,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is sort of middling, sort of dull,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but who cares,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,at least we beat the french.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And then looking at the emerging economies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,top of the bricks, pleased to say,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is Brazil.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,(Laughter)
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Come on, cheer!
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Go, Brazil!
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Beating South Africa,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,then Russia,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,then China,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and then India.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Tucked away on the right-hand side,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,you will see a dot of a country with
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a lot of GDP but not
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a huge amount of social progress,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that's Kuwait.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Just above Brazil
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is a social progress superpower,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that's Costa Rica.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's got a level of social progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the same as some \NWestern European countries,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with a much lower GDP.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Now, my slide is getting a little cluttered
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and I'd like to step back a bit.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So let me take away these countries,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and then pop in the regression line.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So this shows the average relationship
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,between GDP and social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The first thing to notice,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is that there's lots of noise
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,around the trend line.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And what this shows,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,what this impiracially demonstrates,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is that GDP is not destiny.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,At every level of GDP per capita,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,there are opportunities
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for more social progress,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,risks of less.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,The second thing to notice
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is that for poor countries,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the curve is really steep.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,So what this tells us is that
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,if poor countries can get
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a little bit of extra GDP,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and if they reinvest that in
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,doctors, nurses, water supplies,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,sanitation, etcetera,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,there's a lot of social progress bang
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for your GDP buck.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And that's good news
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and that's what we've seen
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,over the past 20, 30 years
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with a lot of people lifted out of poverty
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,by economic growth and good policies
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in poorer countries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But go on a bit further up the curve,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and then we see it flattening out.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Each extra dollar of GDP
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is buying less and less
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And with more and more
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of the world's population
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,living on this part of the curve,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,`It means GDP is becoming
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,less and less useful
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,as a guide to our development.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,I'll show you an example of Brazil.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Here's Brazil,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,social progress of about
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,70 out of 100.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,GDP per capita about \N14,000 dollars per year.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And look, Brazil's above the line.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Brazil is doing a reasonably good job
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,of turning GDP into social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But where does Brazil go next?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Let's say that Brazil
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,adopts a bold economic plan
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to double GDP in the next decade.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,But that is only half a plan.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It's less than half a plan
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,because where does Brazil
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,want to go on social progress?
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Brazil, it's possible
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to increase your growth,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,increase your GDP,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,while stagnating or going backwards
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,on social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We don't want Brazil
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to become like Russia.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,What you really want
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is for Brazil
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to get eve more efficient
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,at creating social progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,from its GDP
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,so it becomes more like New Zealand.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And what that means
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,is that Brazil needs
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,to prioritize social progress
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in its development plan
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and see that it's not just growth alone,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,its growth with social progress.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And that's what the Social Program Index does.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,It reframes the debate about development,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,not just about GDP alone,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,but inclusive, sustainable growth
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that brings real improvements
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in people's lives.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And its not just about countries.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Earlier this year,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,with our friends from the Amazon non-profit
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,here in Brazil, launched
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,the first sub-national
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Social Progress Index.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,We did it for the Amaaon region,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,it's an area the size of Europe,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,24 million people,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,one of the most deprived \Nparts of the country.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And here are the results:
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,and this is broken down
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,into nearly 800 municipalities.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And with this detailed information
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,about the real quality of life
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,in this part of the country,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,Amazon and other partners
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,from government and civil society
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,can work together to construct
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,a development plan
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that will help really improve\Npeople's lives,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,while protecting that precious, global asset
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,that is the Amazon rainforest.
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,And this is just the beginning,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,You can create a Social Progress Index
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,for any state,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,region,
Dialogue: 0,9:59:59.99,9:59:59.99,Default,,0000,0000,0000,,city