Nov 6, 2013

Richard Farmer’s chunky bits

Australia is in the top 20% of performers among OECD countries in terms of well-being, but the GFC has had a profound effect. Plus other political snippets of the day.

Richard Farmer

Crikey political commentator

Not just a matter of the GDP. A reminder this week from the Organisation for Economic Co-operation and Development that the central purpose of economic policies is to improve people’s lives. With the release of an updated version of the report How's Life?, OECD Secretary-General Angel Gurria called for a rethink of "how to place people’s needs at the heart of policy-making” as data showed that the global economic crisis has had a profound impact on people’s well-being, reaching far beyond the loss of jobs and income.

The OECD finds that over the past 20 years, OECD countries have made considerable progress in terms of overall well-being, but progress has been uneven between countries and in some countries, across population groups too.

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One thought on “Richard Farmer’s chunky bits

  1. Roger Clifton

    What climate scientists do say is that we must achieve zero emissions if we are to stabilise the climate. Any “reduced” figure they speak of is only ever a part-way mark to the necessary achievement of zero itself.

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