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Costa Rica launches world's first 'Business MPI'

Costa Rica today launches a new Business Multidimensional Poverty Index (bMPI), an adaptation for the business sector of the widely used poverty measurement tool developed by the Oxford Poverty and Human Development Initiative (OPHI) at ODID that is designed to measure the living conditions of employees and their families.

The new index, known as the IPMe in Spanish, measures conditions in a number of priority dimensions for the country: housing, education, health, work and social protection, in addition to including a financial situation section.

It was developed by the Positive Horizon Association with technical support from OPHI.

The bMPI consists of the application of an easy to complete online survey which will provide detailed information to the employer about the living conditions of employees and staff at all levels in the company and their families.

Costa Rica is the first country in the world to use the MPI in the business sector.

The launch event will be live streamed at 9am in Costa Rica/4pm in the UK.