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A living standards approach to public policy making

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  • Ben Gleisner
  • Fiona McAlister
  • Margaret Galt
  • Joe Beaglehole

Abstract

Increasingly, government and international organisations are broadening the way they define and measure the ‘progress’, wellbeing or living standards of a country. In May 2011 the New Zealand Treasury published a Living Standards Framework which was developed to guide the objectives and formulation of public policy in the organisation. This paper outlines the key developments in thinking about living standards which underpin the conceptual Framework, and presents the Framework, including a discussion of the factors that are important for living standards. The paper also discusses a subsequent development in Treasury's work in this area, the development of a policy tool to assist analysts in applying the Framework in policy advice.

Suggested Citation

  • Ben Gleisner & Fiona McAlister & Margaret Galt & Joe Beaglehole, 2012. "A living standards approach to public policy making," New Zealand Economic Papers, Taylor & Francis Journals, vol. 46(3), pages 211-238, December.
    • Handle: RePEc:taf:nzecpp:v:46:y:2012:i:3:p:211-238
    DOI: 10.1080/00779954.2012.716280
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    References listed on IDEAS

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    1. Blanchard, Olivier & Wolfers, Justin, 2000. "The Role of Shocks and Institutions in the Rise of European Unemployment: The Aggregate Evidence," Economic Journal, Royal Economic Society, vol. 110(462), pages 1-33, March.
    2. World Commission on Environment and Development,, 1987. "Our Common Future," OUP Catalogue, Oxford University Press, number 9780192820808, Decembrie.
    3. Paul A David (with the assistance of John Gabriel Goddard Lopez), 2000. "Knowledge, Capabilities and Human Capital Formation in Economic Growth," Treasury Working Paper Series 01/13, New Zealand Treasury, revised 10 Apr 2001.
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    Cited by:

    1. Paul Dalziel, 2019. "Wellbeing economics in public policy: A distinctive Australasian contribution?," The Economic and Labour Relations Review, , vol. 30(4), pages 478-497, December.

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