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 The Virtuous circle of sustained  growth & development  :  High common socio-economic capital creation ! 

How do countries from Finland to  Singapore reached  among the highest personal wealth &    quality of life  with enviable  social stability and manage to stay on top . 

1. Free / affordable world class education that  emphasises both knowledge and  values  is the  basis of a high HDI society  & aware citizenry that will act to  uphold   truth , honesty  , fairness &   equality . Such societies  also act responsibly to protect them thru building strong  independent institutions    .    Good education creates the  strong foundations needed for high common socio-economic capital that high HDI societies manage to create , grow and   accumulate more efficiently  than other competing societies   .  

Early childhood nutrition , a full healthy meal , being  the basis of the completed development of the brain is a prerequisite . Only a healthy body can house a healthy mind , that can be then educated to build a high HDI society .  Means free   basic healthcare & a minimum standard of life is  need to be ensured for all citizens .  Goes to say that our teachers add most value to create such an enlightened society  & need to be rewarded  as such .  Won't be possible without them at all . 


2.  The need for an efficient  delivery of justice follows  education that delivers a high HDI multitalented  society. A just society is a society at peace with its-self ,  can concentrate on real issues as  not engaged in frivolous unproductive debate and actions. Rule of law allows positive socio-economic  community driven engagement to grow and flourish  speedily without impediments .   The environment created contributes to all round economic and social growth as curbs  negative retrograde  forces , while     strengthening the positive  socio-economic capital growth cycle by an engaged high on talent,  commitment , law abiding  society  . Positive  thought process & actions  drives common & individual prosperity , also ensure equality & social stablity .

3.  Empathy  , the  very human  quality within us  makes us put common good above personal good . Such acts of ours  multiply our singular effort many folds thru community contributions .  As more and  more people practise empathy , our common social and economic capital grows many folds & drives higher efficiency & productivity.  The good pie grows bigger and faster so does our share of the  good pie .  Servant leadership , the most effective form of leadership exemplifies empathy in action .  


4 . Transparency  seeks information and    holds one accountable  for the  acts .      Measuring the  outcomes , relating them to the options we had & the decisions we  made improves the process .  Critical , open    feedback leads to  rectification  of errors thus  constantly  improves the decision making   process  .  Superior reasoning in  decision making &  individual merit & ethics become drivers of our actions .  The environment needed to grow common socio-economic capital  , trust based on transparency , becomes a self sustaining & a reinforcing process  . 

5 . An enlightened public spirited media that  puts public interest first and foremost keeps this socio-economic change going .     Criticism ,  open debate  , multiple views , the   discussion of the many dimensions reinforces & correlates the significance of  seeming unrelated  acts &  causes that make big positive changes scale up  from local happenings  to global  causes  .  Ensures participation of  disparate stakeholders & gives a platform to a  stronger voice  for the collective diverse humanity  .  Shows the basics building blocks of a better world are based on simple universal truths and even simpler , easier collective force of individual value based actions . 


6 .  To grow out of poverty in a few generations  and then continue the growth to achieve the standards of levels of Singapore Sweden Denmark , we need to co-relate & emphasise a high HDI Index , Transparency Index , Freedom of Press , Transparency in Political Funding as these indices  capture the basic factors for becoming a true super economic power and   is   not GDP growth or   Ease of Doing Business . 


7. What is needed is an overhaul of our " practiced"  values as we all can preach goodness to others .  We do understand that the power of good & truth & can imagine a  " Ram Rajya "  . But we do not fully relate it to our current situation & even lesser to our own action . We assume , we can get away with it once in awhile . We don't feel responsible for the collective damage we are doing to ourselves & our future . The key lies in holding ourselves responsible for the mess  ,  acting  and pro-actively asking others to act to fix the situation . 


A Typical Virtuous Circle - The End . 

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Equity Modelling & Wealth Management

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