Economic policymaking and the pursuit of happiness

• Main Author: Kuah, Adrian W. J
• Other Authors: S. Rajaratnam School of International Studies
• Format: Commentary
• Language: English
• Published: 2012
• Subjects: DRNTU::Social sciences::Political science
• Online Access: https://hdl.handle.net/10356/94896; http://hdl.handle.net/10220/8860
• Institution: Nanyang Technological University

Economic policymakers have traditionally used GDP figures to evaluate both the performance of the economy as well as the efficacy of their policies. Alternative and broader economic measures that incorporate well-being, or happiness, suggest that the focus on GDP figures and the resulting purs...