New Zealand is focusing on the well-being of its people, not just economic growth

In 2019 New Zealand focused public spending on improving citizens quality of life and devoting record funds to tackling poor mental health and domestic violence. As well as reducing child poverty and inequality.

According to Prime Minister Jacinda Ardern, just reporting on economic growth doesn’t show the full picture. Like many countries, New Zealand uses GDP to measure the health of its economy, but it’s a limited measure of social progress. While GDP measures many things of economic value, it excludes many more. GDP is still a key measure of New Zealand’s economic success, it’s just not the only one.

About the series: Every week we’ll bring you a new video story on the entrepreneurs, companies and countries changing our planet for the better. Check back every Monday for a new video on the incredible people changing our world.

The World Economic Forum is the International Organization for Public-Private Cooperation. The Forum engages the foremost political, business, cultural and other leaders of society to shape global, regional and industry agendas. We believe that progress happens by bringing together people from all walks of life who have the drive and the influence to make positive change.

World Economic Forum Website ►
Facebook ►
YouTube ►
Instagram ► 
Twitter ►
LinkedIn ►
TikTok ►
Flipboard ►

#WorldEconomicForum #Davos

Leave a Comment