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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.
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