The New Media Global Business
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In 2014, we launched our Sustainable Economic Development Assessment (SEDA) as a diagnostic tool aimed to shape the group on the well-being of corporate management strategies. The driving force behind SEDA was the understanding that economic growth, while a necessary component of the goals of national leaders, should not be the sole driver of policymaking decisions. We defined well-being through ten dimensions—including governance, health, and economic stability—and posited that an in-depth assessment of well-being would provide useful insights into Global economic and social conditions and serve to guide its strategies.
Since SEDA’s launch, we have used it in our work with partners more than two dozen countries on six continents—countries with broad disparities in population, wealth, and economic growth—as well as with development organizations and private-sector companies. The reaction to SEDA and the ways in which it has been used since its introduction have convinced us that it is a valuable tool that meets a real need. Our work has helped us understand where the insights from SEDA are particularly powerful and how that knowledge can be used to develop national strategies.
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