Advertisement
This Article is From Apr 06, 2009

High on spirit: A virtual 'happiness bank' to fight recession

Tallinn:
In times of economic woe, Estonians are banking on ideas to lift their spirits above the gloom and doom of recession with an online "happiness bank" and forums on better governance.

"The main aim of the project is to use modern technology to create a 'democracy machine' that will help increase understanding among people, bring the state closer to citizens and force people to become actively involved in improving their lives instead of passively hoping that someone else will do it," Estonian Internet entrepreneur Rainer Nolvak, one of the main organisers of the project, said. 
In the virtual "happiness bank", people will be able to earn virtual money on their accounts by doing good deeds for those in need. 

Organisers hope it will give people the idea that doing good is as valuable as earning money.

"We think that especially when the entire world is facing recession we need a lot of thinking also at the grass-roots level to figure what we all can do to fight recession and make life better," Nolvak added.

Organisers hope that as many as 100,000 Estonians in the tiny 1.3-million-strong Baltic EU state will attend 400-1000 public 'brain-storming' forums across Estonia on better governance that will also be streamed live via the net on May 1.

Registration for the project is currently underway.

Track Latest News Live on NDTV.com and get news updates from India and around the world

Follow us: