How was life around the world in 2015? “Are our lives getting better? How can policies improve our lives? Are we measuring the right things?” These are the questions the Organisation for Economic Co-operation and Development
(OECD) seeks to answer with its Better Life Index
and
How’s Life? report. How’s Life? 2015 is the third edition of the report. As with previous editions, it looks at how the 34 OECD countries (and some emerging economies) stack up in 11 dimensions, including housing, income and wealth, personal security, environmental quality, and work-life balance. The study finds, as expected, that there’s a strong correlation between GDP and life
satisfaction, but that wealthier countries have plenty of opportunity for improvement. Overall, Canada and the United States rank sixth and seventh respectively. As well as measuring current well-being, How’s Life?
explores the resources and trends that will shape future well-being, including natural resources, human resources, economic resources, and social resources. Trends include rising long-term unemployment, rising obesity rates, and increasing concentrations of greenhouse gases. Along with the full report, the OECD’s Better Life Index provides an interactive way for people to explore what well-being and a better life mean for them by weighting the 11 dimensions measured by How’s Life?
and comparing how countries perform. By providing better data, and a deeper understanding of well-being, the OECD aims to support the development of policies that enhance well-being around the world.
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The first ever global map of cultural and creative industriesCompared to more traditional industries, Cultural and Creative Industries (CCI) are
often only partially described and generally misunderstood or undervalued, creating challenges in understanding their economic weight in both mature and emerging economies. To address this, the International Confederation of Societies of Authors and Composers (CISAC) recently commissioned EY
to complete a global study of the economic and social impact of CCI that builds on UNESCO's definition of CCI. The study, Cultural Times: The First Global Map of Cultural and Creative Industries,
highlights that CCI generate US$2,250 billion of revenues (3% of world GDP) and 29.5 million jobs at the global level. It identifies North America as having the third largest CCI behind Europe and the Asia-Pacific, with revenues of US $620 billion (28% of global revenues) and 4.7 million jobs (16% of total jobs). In general terms, the North American market is driven by leading cultural and entertainment players in areas of TV, movies and radio; however, Canada was singled out as an international benchmark for game development, as well as its commitment and success in the music industry. Canada and the US are seen as being at the forefront of CCI’s digital transformation with the largest number of consumers of digital cultural content. The report also evaluates the impact of cultural and creative workers. For economic development professionals focused on how to support the growth and expansion of their local economies, there are a number of qualities that speak to the value of attracting and retaining CCI business investment. CCI are also seen as playing a significant role in the urban development or place-making of cities and towns. Collectively and individually these activities are seen as the components necessary for forging both a local and global identity for a community that in turn attracts the investment, workers and visitors needed to sustain economic growth.
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Survey invitationPlease take a few minutes to complete a
survey on the establishment of a pan-Canadian, grassroots forum that will build workforce development capacity and effectiveness at the local, regional, provincial and national levels. A Canadian Workforce Development Forum would connect people and jobs in a way that strengthens economic competitiveness and quality of life for all communities.
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Company CornerMDB Insight welcomes Dr. Eddie Friel OBE Dr.
Eddie Friel OBE has joined the MDB Insight team as Director Europe, UK and Ireland. Eddie brings more than 40 years of experience in tourism and economic development to his work. He has helped communities around the world to use cultural assets as economic drivers. As an expert in business development and investment attraction, he has advised communities in the United Kingdom, Ireland, the United States, Europe and China on economic development issues. Eddie has served as a senior executive with the Northern Ireland Tourist Board, where he secured record numbers of tourist visits. As the first Chief Executive of the Greater Glasgow Tourist Board in Scotland, Eddie spearheaded a strategy to use cultural tourism to drive the city’s economic regeneration. This work transformed Glasgow into a major global city and led to the city being named the Cultural Capital of Europe in 1990. Prior to joining MDB Insight, Eddie served as the Expert in Residence at the Hospitality Research Center at Niagara University in Niagara Falls, New York, where he contributed to work identifying Buffalo’s competitive strengths as a city of
architecture and design. Eddie has served as the Chairman and President of the Niagara Experience Center in Niagara Falls, New York. He was instrumental in establishing the Niagara Global Tourism Institute as the focus of leadership of the tourism industry in Upstate New York. He has also served on the Board of Directors of Advancing Arts and Culture, established through the support of the John R Oishei, Margaret L Wendt and Baird Foundations to address the opportunities presented by cultural tourism in the Buffalo Niagara region. Born in Derry/Londonderry, Northern
Ireland, Eddie has lived in Dublin, Southampton, London, New York and Niagara Falls. He currently lives in Glasgow, Scotland. He continues to serve on the boards of a variety of arts organizations and has been a regular broadcaster and writer on tourism and the arts. He has won many awards and was created an Officer of the Order of the British Empire by Her Majesty Queen Elizabeth II in the 2004 New Year’s Honours List.
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The Bottom LineCluster Development Seed FundThe Province of Ontario
has partnered with the
Ontario Chamber of Commerce to launch a new fund to support the development of globally competitive clusters across Ontario. The Fund offers grants of up to $100,000 to support research and feasibility studies or networking activities that will contribute to the growth of more competitive clusters. At least 50 percent of matching funds for each project must be provided by private sector industry partner(s). Find out more about the Fund and if your organization is eligible to
apply. The application deadline is March 1st, 2016.
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