Human Development is a development paradigm that is about much more than the rise or fall of national incomes. It is about creating an environment in which people can develop their full potential and lead productive, creative lives in accord with their needs and interests. People are the real wealth of nations. Development is thus about expanding the choices people have to lead lives that they value. And it is thus about much more than economic growth, which is only a means —if a very important one —of enlarging people’s choices.
via Human Development | Human Development Reports (HDR) | United Nations Development Programme (UNDP).
In recent years Iceland has constantly been considered one of the best places in world to life, according to HDR. No report has been published based on information gathered after the Economic Collapse in the country in October 2008.