OECD better life initiative. Established in Paris in 1961, the Organization for Economic Cooperation and Development (OECD)

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OECD better life initiative. Established in Paris in 1961, the Organization for Economic Cooperation and Development

(OECD) collects information on many economic and social aspects of countries around the world. The OECD Better Life Initiative is an attempt to compare well-being across the OECD member countries. Central to this initiative is an interactive tool known as “Your Better Life Index.” It lets one rank their country based on criteria such as education, jobs, income, and work–life balance. Each of these are described by one or more indicators. For example, education is an average of scores that official statistics assign to educational attainment, reading skills, and years in education (www.oecdbetterlifeindex.org/).

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Business Statistics

ISBN: 9781292269313

4th Global Edition

Authors: Norean Sharpe, Richard De Veaux, Paul Velleman

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