C19. 140-guruh talabasi: Abdukarimov Oyatillo what is economics? Wellbeing and welfare plan

Policies to build an economy of well-being
The OECD is taking action to help tackle these challenges, and to help countries build “economies of well-being” through its new Framework for Policy Action on Inclusive Growth. Using a dashboard of indicators, our Framework helps countries achieve sustainable economic growth, employment and raise living standards while addressing inequalities.

The Inclusive Growth Framework casts an economy of well-being around health, education and skills, gender equality, social protection and redistribution. It specifically focuses on expanding opportunities and ensuring they translate into well-being outcomes for all, including those at the bottom of the distribution.

Our work suggests that governments can achieve these goals by: improving childcare provision and parental leave for both parents; ensuring equal access to quality education and health for all; building tax and transfer systems that make work pay, especially for low wage earners and couples; and improving access to training and skills development are emblematic examples of policies needed for an economy of well-being.

Turning to the environment, later this month, at the UN Climate Action Summit in New York, I will launch our report on Accelerating Climate Action: Refocusing Policies through a Well-Being Lens. Limiting climate risk is fundamental to our collective well-being. More importantly, climate action can also translate into action on other well-being goals such as jobs, income, health, education and broader environmental quality.

Cities around the world are already leading the way in these efforts. Oslo, for example, removed the remaining 700 parking places in the city centre at the end of last year, prioritising pedestrians, cyclists, and public transport instead. Similar shifts are taking place in Madrid, Paris, London, Mexico City and Athens. This means more people can afford transport, cities become more accessible, air quality increases, citizens can be more physically active – and we might even waste less time stuck in traffic! All the while, our carbon footprint shrinks.

And here in Iceland, Prime Minister I am delighted to see that you are focusing your efforts on promoting an Economy of Well-Being. Indeed, there is a strong sense of community and high levels of civic participation in Iceland, where 98% of people believe that they know someone they could rely on in time of need, the highest rate in the OECD, where the average is 89%. In general, Icelanders are more satisfied with their lives than the OECD average. When asked to rate their general satisfaction with life on a scale from “0 to 10”, Icelanders gave it a “7.5” grade on average, much higher than the OECD average of “6.5”.