Measuring national wellbeing: new report
A new Measuring National Wellbeing report has been published by the House of Commons Library. According to the study, there is a need for more indicators of national progress than just gross domestic product - and a national wellbeing framework could be used to inform policy making on both central and local levels.
Although there exists a significant amount of information on happiness research, this is just one aspect of individual and national wellbeing, the report noted.
It added measures should reflect the different dimensions of people's lives and goals, in addition to the association between these and the economy.
The research stated: "The measures reflect the effort to shift from focusing exclusively on national accounting to include people's quality of life."
It was noted that future policies might consider the way choices are made, which could result in people making decisions that improve both their own wellbeing and that of others.
The report is produced by the Parliamentary Office of Science and Technology.