Supporters of the “degrowth” movement say that capitalism and consumerism have run their course.
Articles on Measuring What Matters
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A new economic update shows it’s more important than ever to think carefully about what progress means.
It was a passion project for the treasurer, meant to help account for fairness and wellbeing while developing policy. Why has the government stopped talking about it?
Newspaper reports notwithstanding, Australia’s Measuring What Matters framework is going from strength to strength, becoming deeper embedded in government decision-making.
For measures of wellbeing to be useful to the budget process, they will need to be both timely and capture more than the ‘average’.
Treasurer Jim Chalmers wants to make the national wellbeing framework part of how governments make decisions, as others like Wales have done. But international experience suggests it won’t be easy.
This is the first national wellbeing framework. Fifty indicators are used to measure wellbeing under five themes: how healthy, secure, sustainable, cohesive and prosperous we are.
The Measuring What Matters statement will be around the themes of “healthy, secure, sustainable, cohesive, and prosperous”, Chalmers said in a speech in Melbourne delivered late Tuesday
Top contributors
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Honorary Fellow, School of Social and Political Sciences, The University of Melbourne
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Professorial Fellow, University of Canberra
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Research Fellow, University of Tasmania
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Postdoctoral research fellow, Australian National University
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Research Fellow, School of Regulation and Global Governance, Research Affiliate, School of Philosophy, Australian National University
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Professor, University of Canberra
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Senior Lecturer, Graduate School of Business, Queensland University of Technology
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Senior lecturer, Canberra School of Government, University of Canberra