"Wealth doesn't bring you happiness." The Boston Consulting Group's regular Sustainable Economic Development Assessment (SEDA), the ranking that measures the well-being of citizens in 143 countries around the world, seems to confirm the old saying.
To realise this, just take a look at the ranking. The United States, for example, is not the nation that guarantees the best level of well-being to its citizens. The U.S.’ score, in fact, is 0.90, while that of Vietnam is 1.35, demonstrating the growing vitality of the eastern regions.
The SEDA takes into account 40 development indicators, grouped into 10 dimensions (such as income, employment, health, education) for three distinct areas: economy, investment and sustainability. All this in relation to 143 countries, for each of which a score is calculated which captures the capacity of each country to transform wealth into well-being.
Italy occupies the 29th position in the world for the well-being of its citizens. Italy's SEDA coefficient (i.e. its ability to transform wealth into well-being) is 0.91, better than the 0.90 of the United States. "In general, Italy's position does not differ from the results of the last five years. The comparison with the EU average of the highest percentage for economic stability holds up, while the score for the environment increases", says Boston Consulting, underlining that the "great problem in Italy is employment".
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