NZ to announce world’s first ‘wellbeing’ Budget

By Leith van Onselen

New Zealand’s Labour-led coalition government will tomorrow release the world’s first ‘wellbeing budget’, which will measure its success against how it does socially, culturally and environmentally, rather than relying on GDP – a rather useless measure that most economists and policy makers focus on. From SBS News:

“Nobody wants to live in a country where, despite a strong economy, families are homeless,” Prime Minister Jacinda Ardern said last week.

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