The Prosperity Quintet 2014 – Measuring Prosperity in Germany and Other Early Industrialised Countries
The Denkwerk Zukunft - Foundation for Cultural Renewal has updated its proposal how to measure prosperity in early industrialised countries. It consists of a dash board of five key indicators of prosperity, the Prosperity Quintet:
- GDP per capita
- distribution of disposable household income based on the 80/20 ratio
- social exclusion rate
- ecological footprint in relation to global biocapacity per capita
- public debt rate.
Since the first publication of Denkwerk Zukunft's Prosperity Quintet in 2011 prosperity has increased in Germany. It improved also relative to the rest of the EU.
Nevertheless the dark side of this prosperity and of the prosperity in all other early industrialised countries: it is not sustainable. As show the trends of the ecological footprint and the public debt rate it continues to be based to a high degree on the overexploitation of nature, human beings and the future.
The ecological footprint and the public debt rate are also contributory causes to the fact, that prosperity in Germany has fallen since 2001, just as in most of the other Western EU countries.
The Prosperity Quintet 2014 can be downloaded here.