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The new city prosperity index will attempt to track progress across five key issues: productivity, infrastructure, quality of life, equity, and environmental sustainability.
"In the beginning of a company's life, equity becomes the only currency you have to buy top-flight services," said Fred Marcusa, a senior partner at Kaye, Scholer, Fierman, Hays & Handler in Manhattan.
He said that, overall, the region was ready for a transition to quality of life, equity and sustainability.
The adoption of a more progressive and balanced agenda of 'people-centred' urban prosperity in the UN-Habitat's newly developed CPI has already led to a more holistic approach to integrating productivity, infrastructure, quality of life, equity and social inclusion, and environmental sustainability into a coherent framework.
The fifth stage is the age of aspired quality of life, equity, development and social justice for all.
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Among economists on the left it is the fashion to dis-parage GDP growth because it does not cover happiness, quality of life, social equity, degradation of the environment and so on.
SA, even more than SEA, has the obligation of examining impacts on social variables, including health, well-being, quality of life and equity.
The UNICEF reports are being released in conjunction with a report by Save the Children, "A Fair Chance at Life: Why Equity Matters for Children," which focuses on MDG 4, reducing under-5 mortality by two thirds between 1990 and 2015.
Key data include: The UNICEF reports are being released in conjunction with a report by Save the Children, "A Fair Chance at Life: Why Equity Matters for Children," which focuses on MDG 4, reducing under-5 mortality by two thirds between 1990 and 2015.
Cholnoky points out that life insurers have equity market exposure through their asset management and asset accumulation products, and that equities could be more problematic than credit markets.
"This whole Republican political campaign has complicated life for private equity," Mr. Ross said.
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