Wellbeing economy is a public policy framework in which the economy is designed to serve social, health, cultural, equity and nature outcomes.[1] The aim is to go beyond gross domestic product (GDP) as the main measure of national economic performance. Since the early 2000s there has been growing interest in wellbeing as a framework in research, measurement and policy.[2]

National and international adoption

A number of countries have introduced wellbeing metrics to guide public policy decision-making and inform budgetary processes with a focus on education and skills, health, gender and inclusion.[2] The approach has been adopted as national policy in a number of countries including Scotland,[3] New Zealand, Iceland, Wales,[4] Finland and Canada which established the Wellbeing Economy Governments partnership (WEGo) in 2021.[5]

Intergovernmental organisations such as the World Health Organization (WHO) have also adopted wellbeing as a whole-of-government approach to meet complex social, environmental and public health challenges. This was first articulated in 2021 with the adoption of the Geneva Charter for Wellbeing.[6] and in May 2023 the WHO Assembly adopted A global framework for integrating well-being into public health utilizing a health promotion approach,[7]

See also

References

  1. ↑ McCartney, Gerry; Hensher, Martin; Trebeck, Katherine (2023-07-05). "How to measure progress towards a wellbeing economy: distinguishing genuine advances from 'window dressing'". Public Health Research & Practice. 33 (2). doi:10.17061/phrp3322309.
  2. 1 2 Nozal, Ana Llena; Martin, Neil; Martin, Fabrice. The Economy of Well-being: Creating Opportunities for People's Well-being and Economic Growth (Report). OECD.
  3. ↑ "Building a New Scotland: A stronger economy with independence - summary". www.gov.scot. Scottish Government. Retrieved 2023-10-07.
  4. ↑ "Wellbeing of Wales". Government of Wales. September 28, 2023.
  5. ↑ "Wellbeing Economy Governments (WEGO)". Wellbeing Economy Alliance. Retrieved 2023-10-07.
  6. ↑ The Geneva Charter for Well-being (Report). World Health Organisation.
  7. ↑ Achieving well-being: a global framework for integrating well-being into public health utilizing a health promotion approach (Report). World Health Organisation. 30 May 2023.


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