Measuring wellbeing in theory and practice

Stephanie Gorecki, David Gruen and Shane Johnson
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Stephanie Gorecki: Treasury, Government of Australia
Shane Johnson: Treasury, Government of Australia

No 2011-02, Treasury Working Papers from The Treasury, Australian Government

Abstract: 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.

Keywords: wellbeing; economic welfare; economic sustainability (search for similar items in EconPapers)
JEL-codes: I31 Q31 (search for similar items in EconPapers)
Pages: 40 pages
Date: 2011-09, Revised 2011-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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