Progress of The Finnish ISEW
The calculation of the ISEW for Finland has been done by Dr. Jukka Hoffrén at Statistics Finland in 2001. Today the time period covered is extended to years from 1945 to 2010. According to results sustainable economic welfare rose steadily in the 1970s and early 1980s, but has since declined and stabilised. One of the underlying reasons for this development was effective income distribution which apportioned evenly the welfare derived from increased production. In the mid-1980s income disparities started to grow again, flows of capital (investments) abroad increased and environmental hazards escalated, resulting in a decline in the weighted personal consumption.
Major contributors to Finnish ISEW in 2000 (FIM billion, rp)
Weighted personal consumption + 467.8
Household work + 82.8
Other positive contributions + 21.7
Long-term environmental damage - 228.0
Environmental deterioration - 192,5
Read more about this topic: Index Of Sustainable Economic Welfare
Famous quotes containing the words progress of the, progress of, progress and/or finnish:
“If any proof were needed of the progress of the cause for which I have worked, it is here tonight. The presence on the stage of these college women, and in the audience of all those college girls who will some day be the nation’s greatest strength, will tell their own story to the world.”
—Susan B. Anthony (1820–1906)
“We should be careful never to imagine, that the wedding-day is the burial of love, but that in reality love then begins its best life; and if we set out upon that principle, and are mindful to keep it up, and give due attention and aid to the progress of love thus brought into the well ordered well sheltered garden, we may enjoy I believe as much happiness as is consistent with the imperfection of our present state of being.”
—James Boswell (1740–1795)
“For all the injustices in our past and our present, we have to believe that in the free exchange of ideas, justice will prevail over injustice, tolerance over intolerance and progress over reaction.”
—Hillary Rodham Clinton (b. 1947)
“A conversation in English in Finnish and in French can not be held at the same time nor with indifference ever or after a time.”
—Gertrude Stein (1874–1946)