The NextGen Value Creation Barometer 2023: Why Sustainable Value Creation for Young and Future Generations Matters in a Time of Polycrisis

In Casas i Klett, T. & Cozzi, G., Elite Quality Report 2023: Country Scores and Global Rankings. Zurich: Seismo. doi: 10.33058/seismo.30882.0001

5 Pages Posted: 18 Apr 2023 Last revised: 12 Jun 2023

See all articles by Felix Rüdiger

Felix Rüdiger

St. Gallen Symposium; University of St. Gallen

Tomas Casas

University of St. Gallen - SoM: School of Management

Date Written: April 25, 2023

Abstract

As a sub-index of the Elite Quality Index (EQx) 2023, the NextGen Value Creation Barometer measures the extent to which countries' economic models create or deplete value for young and future generations, focusing on five core categories: Ecology and Natural Capital; Equitable Opportunities; Education and Human Capital; Health and Well-Being; Innovation and Technology. We find that rankings in the Barometer differ substantially from the overall EQx, which underlines that the intergenerational value relationship, which the Baromter seeks to capture, is a distinct socio-economic phenomenon. While we find many smaller, European economies among the top 15 - with Denmark ranked first - the United States drops precipitously to # 76 in the Barometer, compared to # 21 in the overall EQx. In its concern for long-term Value Creation for young and future generations, the Barometer is a key impact project of the initiative for ‘A New Generational Contract’, which the St. Gallen Symposium launched together with the Club of Rome in May 2022.

Keywords: intergenerational, fairness, equity, long-term value, index, elites, elite quality, institutions, value creation, value extraction, economic development, political economy, global rankings, international business

Suggested Citation

Rüdiger, Felix and Casas, Tomas, The NextGen Value Creation Barometer 2023: Why Sustainable Value Creation for Young and Future Generations Matters in a Time of Polycrisis (April 25, 2023). In Casas i Klett, T. & Cozzi, G., Elite Quality Report 2023: Country Scores and Global Rankings. Zurich: Seismo. doi: 10.33058/seismo.30882.0001 , Available at SSRN: https://ssrn.com/abstract=4420862

Felix Rüdiger (Contact Author)

St. Gallen Symposium ( email )

Dufourstrasse 83
St. Gallen, 9000
Switzerland

HOME PAGE: http://https://symposium.org/

University of St. Gallen

Dufourstrasse 50
Doctoral Programme DOK
St.Gallen, 9000
Switzerland

Tomas Casas

University of St. Gallen - SoM: School of Management ( email )

Dufourstrasse 40a
St. Gallen, CH-9000
Switzerland

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