New Zealand claims to be the first country to measure success by people’s wellbeing.
Child poverty, domestic violence and mental health will be the priorities in New Zealand’s “wellbeing budget”, the finance minister has announced, with the nation declaring itself the first in the world to measure success by its people’s wellbeing, according to Guardian article.
On Tuesday Grant Robertson said that despite New Zealand’s “rockstar” economy many New Zealanders were being left behind, with home ownership at a 60-year low, the suicide rate climbing and homelessness and food aid grants on the rise.
Although comparable countries such as the UK have begun to measure the national rate of wellbeing, New Zealand is the first western country to design its entire budget around wellbeing priorities and instruct its ministries to design policies to improve wellbeing.
The 2019 budget will be handed down on 30 May.
“For me, wellbeing means people living lives of purpose, balance and meaning to them, and having the capabilities to do so,” said Robertson.