Economy of Wellbeing

The Economy of Well-Being is defined as the capacity to create a virtuous circle in which citizens’ well-being drives economic prosperity, stability and resilience, and vice-versa, that those good macroeconomic outcomes allow to sustain well-being investments over time. It specifically highlights the need for putting people at the centre of policy and moving away from an attitude of “grow first, redistribute and clean up later”, towards a growth model that is equitable and sustainable from the outset.

Source: OECD

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