A living standards approach to public policy making

Ben Gleisner, Fiona McAlister, Margaret Galt and Joe Beaglehole

New Zealand Economic Papers, 2012, vol. 46, issue 3, 211-238

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.

Date: 2012
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DOI: 10.1080/00779954.2012.716280

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