
NEF's index is part of the wider debate on quality of life indicators which politicians such as David Cameron and Nicolas Sarkozy have shown interest in. Such an indicator would give a much broader base for shaping and evaluating policy and a valuable alternative to GDP as the prime target for policy-makers - though as it would involve the UK immediately dropping dozens of places down the world's league table, there's little prospect of such a change happening anytime soon.
The study is based on existing data and NEF's costs are only in analysis and interpretation: in other words, it is in itself a good example of efficiency in turning resources into benefits.
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