Wellbeing economy is a public policy framework in which the economy is designed to serve social, health, cultural, equity and nature outcomes. [1] [2] 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. [3]
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. [3] The approach has been adopted as national policy in a number of countries including Scotland, [4] New Zealand, Iceland, Wales, [5] Finland and Canada which established the Wellbeing Economy Governments partnership (WEGo) in 2021. [6]
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. [7] and in May 2023 the WHO Assembly adopted A global framework for integrating well-being into public health utilizing a health promotion approach, [8]
International Wellbeing Economy Alliance (WEAll) group
Wellbeing economy is a public policy framework in which the economy is designed to serve social, health, cultural, equity and nature outcomes. [1] [2] 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. [3]
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. [3] The approach has been adopted as national policy in a number of countries including Scotland, [4] New Zealand, Iceland, Wales, [5] Finland and Canada which established the Wellbeing Economy Governments partnership (WEGo) in 2021. [6]
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. [7] and in May 2023 the WHO Assembly adopted A global framework for integrating well-being into public health utilizing a health promotion approach, [8]
International Wellbeing Economy Alliance (WEAll) group