Wales’s commitment to becoming a well-being economy spotlighted by WHO report

Wales’s commitment to becoming a well-being economy spotlighted by WHO report

Gross domestic product (GDP) alone does not define what constitutes a healthy economy, just as the absence of illness is not the sole measure of good health. Wales (United Kingdom) is now leading the way in changing how we value both.

As one of the few nations in the world that underpins well-being with legislation, Wales is opting to put assets such as trust, social cohesion and participation, environmental sustainability, and quality employment at the heart of policy-making and budgeting decisions. These are assets which, when properly protected and legislated for, can help create economies of well-being and promote better […]

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