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OECD World Forum comes to Busan in Oct.

OECD World Forum comes to Busan in Oct.

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Published : 2010-03-30 13:37
Updated : 2010-03-30 13:37

The National Statistical Office said yesterday it will jointly hold the third OECD World Forum with the Organization for Economic Cooperation and Development in Busan on Oct. 27-30 to discuss using a broader set of statistics to enhance economic growth and quality of life.
Since 2004, the OECD has been pushing a project called "Measuring the Progress of Societies" to come up with better indicators to measure and improve democracy and government policymaking. As part of the project, the OECD has been holding the world forums. Two previous world forums were held in Italy in 2004 and in Turkey in 2007.
Under the theme of "Statistics, Knowledge and Policy: Charting progress, building visions, improving life," the forum in Busan will draw nearly 1500 participants from 130 countries including Nobel Prize laureate Joseph Stiglitz and Slovenia President Danilo Turk, the NSO said.
Stiglitz will speak on Oct. 28 to call for a change in measuring economic performance and social progress. He recently said in a recommendation to French President Nicolas Sarkozy that GDP alone was not enough to measure economic health, and that measures of human wellbeing should be included.
Other topics to be covered in the Busan forum include urban development, urban wellbeing and climate change, the NSO said.

By Kim Yoon-mi

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