The world's in a 'polycrisis' — and these countries want to quash it by looking beyond GDP

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The world's in a 'polycrisis' — and these countries want to quash it by looking beyond GDP
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For a small but growing network of countries, the world's go-to metric of economic health is no longer fit for purpose.

Australia, Canada and Costa Rica are among some of the countries to have worked closely with the Wellbeing Economy Governments partnership in recent months, and "post-growth" advocates believe it is just a matter of time before more countries embrace the well-being movement. A post-growth society is one that resists the demand for constant economic growth.

"This helps us all to understand where New Zealand is doing well, where we are lagging and how wellbeing is experienced differently for different people in our country." Mostly led by women, Finland, Iceland, Scotland, Wales and New Zealand are all members of the Wellbeing Economy Governments partnership.The Treasury identified three priority areas in need of improvement: mental health; educational achievement; and housing affordability and quality.

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