Few days after CAE stating that wellbeing must be placed at the core of government concerns instead of growth, the OECD publish data and convey the same message with the second edition of How’s life?, a report that measures well-being, material living conditions and quality of life- in OECD countries and other major economies.
As every person aspires to a good life, OECD tries to answer questions such as: What does “a good or a better life” mean? More specifically, the report tries to paint a comprehensive picture of well-being in OECD countries and other major economies, by looking at people’s material living conditions and quality of life across the population. In addition, the report contains in-depth studies of four key cross-cutting issues in well-being that are particularly relevant: how has well-being evolved during the global economic and financial crisis?; how big are gender differences in well-being?; how can we assess well-being in the workplace?; and how to define and measure the sustainability of well-being over time?
The report concludes that the global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income, and affecting citizens’ satisfaction with their lives and their trust in governments. According to it, boosting growth is crucial, but if our societies are to emerge stronger from the crisis, investing in people’s well-being must be at the heart of government action. You can find more information together with the full version of the report here.