Government leaders increasingly speak of boosting the well-being of citizens—rather than bolstering GDP growth—as their primary mission. In response to this global trend, BCG developed a new development index, SEDA, a comprehensive diagnostic tool reflecting the need of governments to pursue a balanced approach to raising the overall well-being of their citizens—one that is focused on economics, critical investments, and the social and environmental factors that ensure sustainability of progress over time. The 2015 report measures the well-bring of 148 countries with 3 core elements across 10 dimensions.
Value for Dubai
Indices such as SEDA are important benchmarks as Smart Dubai pilots the first global smart city index, developed in collaboration with the ITU, with a pioneering focus on people's happiness, not technology innovation, as its primary success indicator.