Measuring well-being “beyond GDP” in Asia, South-East Asia and Korea

Jihye Lee and Elena Tosetto

No 22, OECD Papers on Well-being and Inequalities from OECD Publishing

Abstract: Existing well-being measurement initiatives in the region, such as the Quality of Life Indicators in Korea, Bhutan’s Gross National Happiness Index and Quality of Life Index in the Philippines, shed some insight on dimensions that should be considered for measuring well-being beyond GDP in Asia. Dimensions of housing, health, education, environment and civic engagement recur across several Asian well-being measurement frameworks, as well as dimensions such as family and culture which are more characteristic of the region. Identifying vulnerable population groups and securing better evidence on social mobility are also necessary to better measure progress in the region. Going forward, it would be helpful for countries to exchange knowledge on how well-being data available can be used for policy making in a more concrete way, for example, by including it in national development plans or budgeting processes.

Keywords: happiness; quality of life; sustainable development; well-being (search for similar items in EconPapers)
JEL-codes: I30 I31 I38 (search for similar items in EconPapers)
Date: 2024-04-02
New Economics Papers: this item is included in nep-env, nep-hap, nep-hea and nep-sea
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