Measuring wellbeing
20 July, 2012
20 July 2012 |
Interest in measuring the wellbeing of societies and the individuals which comprise them is not new and there has been research in this area for a number of decades. However, the interest in measuring wellbeing has been growing over the last decade or so and particularly seems to have gained some momentum in recent times as a result of the Global Financial Crisis (GFC). Some view the GFC as proof of the damage that can result by too great a focus on continual economic growth regardless of the cost and by ignoring the other factors that contribute to wellbeing.