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AN INTEGRATED APPROACH OF POSITIVE ECONOMY INDEX AND POSITIVE ECONOMY POLICY RECOMMENDATIONS

MARCH 24TH 2014

(

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FLORIANGUYOT

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PRESENTATION OVERVIEW

✚Positive economy overview

✚Positive economy index

✚Positive outcomes

✚Success factors

✚Roadblocks of the process / Issues to be addressed

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POSITIVE ECONOMY, AS AN INTEGRETAD APPROACH

✚ Construction of an overall framework for a positive economy

✚ Based on rational altruism

✚ In the interest of the future generations

✚ Able to address major challenges that the world is facing today or will be in 2030 : ecological, human, financial, technological, etc.

✚ That is intrinsically compatible with pragmatic economic imperatives, that is to say that is dynamic and flourishing

✚ A 30 expert commission mandated by François Hollande and headed by Jacques Attali

✚ Joint construction of positive economy model (theoretical and ethical basis), policy recommendations (45 of them), and index construction (positive economy index)

✚ Example : a) theoretical basis : altruism can be fostered ; b) index : professor attention ; c) policy : develop altruism in the educational system

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ARCHITECTURE OF THE INDEX

Education Resources

Participate Connections

Finance Solidarity

InclusionGovernance

Dynamism

9 sub-dimensions

Global framework - Dynamics for a positive economy From dimensions to indicators

+ Provides a holistic approach to positive economy through 3 core dimensions: time (rational altruism between generations), space (rational altruism between territories) and human communities (rational altruism between stakeholders).

+ Core principles of positive economy thus get disseminated through all human activities (politics, culture, business, social development, leisure, etc.), creating a movement of continuous progress (cf. the symbol of the Fraser spiral).

+ This movement is anchored into real life, can be observed into existing social innovations and is connected to recurrent “cycles” impacting all economies.

+ Positive interactions between generations are about sharing knowledge (education, lifelong learning), ensuring a balanced place for all generations in society (participation) while maintaining a reasonable and sustainable financial situation across generations.

+ Positive interactions between territories are about anticipating the needs of resources (acknowledging the inequalities in resource availability), giving a balanced access to resources for all (through appropriate connections) and aligning around clear goals and actions to help the poorest (solidarity).

+ Positive interactions between stakeholders are about appropriate governance (co-habitation), opportunity to progress (dynamism) and to build inclusive societies (care).

Acknowledge

Sustain

Share

Align

Access

Anticipate

Co-create

CareCohabitate

3 core dimensions

Rationalaltruism

SHARE

Solidarity

Altruism between territories (space)

Loyalty

Altruism between generations

(time)

Empathy

Altruism between actors and communities (individual, group)

ACCESS

CARE

Index forpositive

economies/entities

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ARCHITECTURE OF THE INDEX

Rationalaltruism

SHARE

Loyalty

Altruism between generations

(time)

ACCESS

CARE

Example: focus on Dimension 1 (altruism between generations)

Chosen indicators ? From

database of 1,000+ in

dicators

(OECD, W

orld Bank…) o

r created

COUNTRY

RATING?

Education • Employability• Empowerment

• Inequality

• Attitude

• Ratio of NEETS• School has done little

to prepare me• Educational success

adjusted for economic background

• Professors attitude

Participation • Workplace (junior to senior interactions…)

• Politics (balanced representation of generations…);

• Attention (to other generations)…

• Outsider to insider ratio

• MP age representativeness

• Elderly suicide rate

Finance • Financial debt (across generations)

• Investment level

• Demographic debt…

• Government debt (long-term only)

• Investment effort

• Labor to retired ratio…

EXAMPLE

Criteria

“Positive interactions between generations are about sharing knowledge (education, lifelong

learning), dialoguing around past experiences to show the way to younger generations

(capitalization, memory) while maintaining a reasonable and sustainable debt (by all

meanings) across generations.”

1 5

1 5

…

…

1 5

… Positive economy principles must work

throughout the human lifecycle…

POSI

TIVE

ECO

NO

MY

IND

EX N

ORM

ALIZ

ATIO

N R

ULE

S

Source: Nomadéis

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SUCCESSES

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POSITIVE OUTCOMES

✚A concept that is finding its grounds, and growing roots

✚Growing visibility / media coverage

✚ International spread : Italy, Canada, Singapore, Durban (WIP)

✚Civil society growing engagement

✚Policy proposals are finding ambassadors : among businesses, academia, NGOs

✚Enthusiastic movement

✚Encouraging debate on societal model, across different spheres

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SUCCESS FACTORS

✚ From concepts to applications

✚ An explicit conceptual / ideological framework at its core (and a vision of Man …)

✚ Integrated approach : simultaneous work on theoretical approach, index construction, policy recommendation

✚ Translation of index into different contexts : cities, businesses, OTHERS. (modular architecture)

✚ Multi-actors / strong support network

✚ Multiple funding / support : human resources from state, businesses, cities

✚ Joint work of civil society, policy makers, education system, business leaders

✚ Federation of the business world : large companies / (social) entrepreneurs

✚ Double sponsorship : Planet Finance NGO / Executive

✚ Organization of a movement (positive economy movement)

✚ With events : with a congress, side events, plus events throughout the year) ; repetitions / rituals (1 event a month) ; several publications a year

✚ Vast partnership / delegating / appearance of relays : volunteering of ambassadors for policy proposals / thematic leads for work threads / local partners for international forums

✚ Communication

✚ Catchy name, federating / non specific naming

✚ Publication of a “Journal of the index” or of a “Positive society journal”

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ROADBLOCKS OF THE PROCESS+ ISSUES TO BE ADDRESSED

✚No BOP participation in index construction

✚Limited understanding of the needs of the "clients” or “targets” of the index

✚To-date, limited other country appropriation of the index (despite an international commission for the index construction)

✚Politicians awareness (of it) to be grown : not a centerpiece in politics today

✚Articulation with other movements : social and solidary economy, sustainable development, collaborative economy, etc.