30 Dec 2018

Augusto Lopez-Claros: Wellbeing is a better measure than GDP

From The Weekend, 8:12 am on 30 December 2018
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Photo: Georgetown University

New Zealand's government plans to make indicators of wellbeing - such as poverty and mental health - the centrepiece of its 2019 budget, as part of a move towards focusing on wellbeing-centred policy over traditional economic growth markers. Augusto Lopez-Claros is a World Bank economist currently on a fellowship with  Georgetown University, and a former chief economist of the World Economic Forum. His latest book, Equality for Women = Prosperity for All draws a relationship between women's empowerment and poverty reduction across the globe.