Measuring wellbeing in theory and practice
AbstractThere has been a recent resurgence of interest in the concept of progress and how it is measured. This paper explores the role that concepts of wellbeing and sustainability play in informing a framework for public policy analysis with a particular focus on the Australian Treasury. Treasury's policy objective, set out in its mission statement, is to improve the wellbeing of the Australian people. As such, sustainable social progress or improving wellbeing, and how it is measured, are of central concern to the work of the Treasury.
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Bibliographic InfoPaper provided by Treasury, Australian Government in its series Treasury Working Papers with number 2011-02.
Length: 40 pages
Date of creation: Sep 2011
Date of revision: Sep 2011
wellbeing; economic welfare; economic sustainability;
Find related papers by JEL classification:
- I31 - Health, Education, and Welfare - - Welfare and Poverty - - - General Welfare
- Q31 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Demand and Supply
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