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Measuring wellbeing in theory and practice

  • Stephanie Gorecki

    (Treasury, Government of Australia)

  • David Gruen

    (Treasury, Government of Australia)

  • Shane Johnson

    (Treasury, Government of Australia)

There 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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File URL: http://www.treasury.gov.au/~/media/Treasury/Publications%20and%20Media/Publications/2011/Working%20paper%202011%2002/Downloads/Tsy_WorkingPaper_11_2.ashx
File Function: First version, 2011
Download Restriction: no

Paper provided by The Treasury, Australian Government in its series Treasury Working Papers with number 2011-02.

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Length: 40 pages
Date of creation: Sep 2011
Date of revision: Sep 2011
Handle: RePEc:tsy:wpaper:wpaper_tsy_wp_2011_2
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  1. Kenneth Arrow & Partha Dasgupta & Lawrence Goulder & Gretchen Daily & Paul Ehrlich & Geoffrey Heal & Simon Levin & Karl-Göran Mäler & Stephen Schneider & David Starrett & Brian Walker, 2004. "Are We Consuming Too Much?," Journal of Economic Perspectives, American Economic Association, vol. 18(3), pages 147-172, Summer.
  2. Anand, Sudhir & Sen, Amartya, 2000. "Human Development and Economic Sustainability," World Development, Elsevier, vol. 28(12), pages 2029-2049, December.
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