Systems Thinking to Understand National Well-Being from a Human Capital Perspective
| Autor: | Leena Ilmola-Sheppard, Sibel Eker |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
lcsh:TJ807-830
Geography Planning and Development Causal loop diagram lcsh:Renewable energy sources conceptual modelling 010501 environmental sciences Management Monitoring Policy and Law 01 natural sciences Human capital Gross domestic product well-being 0502 economics and business Economics Systems thinking lcsh:Environmental sciences 0105 earth and related environmental sciences lcsh:GE1-350 Public economics Renewable Energy Sustainability and the Environment lcsh:Environmental effects of industries and plants 05 social sciences Perspective (graphical) systems thinking causal loop diagrams lcsh:TD194-195 Well-being better life index Life expectancy 050203 business & management Social capital |
| Zdroj: | Sustainability, Vol 12, Iss 5, p 1931 (2020) Sustainability Volume 12 Issue 5 |
| ISSN: | 2071-1050 |
| DOI: | 10.3390/su12051931 |
| Popis: | Well-being has become an important policy goal to replace gross domestic product (GDP) as an indicator of national progress. Several multidimensional metrics and indicators of well-being have been developed mostly based on the four-capital model that includes natural, economic, human and social capital. These multidimensional measures of well-being, however, are highly categorical and lack a systems perspective that focuses on underlying mechanisms of the metrics and the interconnections between them. This study aims at bringing a systems thinking approach to understanding and measuring national well-being, particularly from a human capital perspective. For this purpose, we employ a qualitative systems mapping approach and identify the direct or indirect relationships between the well-being indicators related to human capital. The results show that the human capital system is governed by several reinforcing feedback loops through economic progress, health and life expectancy, which gives a central role to human capital to enhance well-being. There are balancing loops, however, that may have adverse effects on human capital formation and well-being, for instance through migration and ageing. Future studies can focus on the other three subsystems in the four-capital model, and on quantifying the relationships between different dimensions of well-being. |
| Databáze: | OpenAIRE |
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