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

Finally, we need to get business on board

Let me conclude on a particularly important point. The inclusive growth and well-being agendas require the efforts of all actors. In this respect, a few years ago we created Champion Mayors for Inclusive Growth, and more recently the Business for Inclusive Growth (B4IG) Platform, these initiatives unite governments and businesses behind a broad-based, sustainable growth agenda that places social and environmental returns at the same level as financial returns.

At the G7 Summit in Biarritz, in the context of the B4IG and under the aegis of President Macron, 34 leading global firms, who employ more than 3 million people and with sales over one trillion US dollars, pledged to fight against inequalities.

Ladies and Gentlemen:

We need to build a more intelligent economic system, a new economy focused on human health and happiness. In the words of Lorenzo Fioramonti, author of ‘Wellbeing Economy’ who has recently been appointed as Minister of Education of Italy: “In this new economy, people will be productive by performing activities that enhance the quality of life of their peers and the natural ecosystems in which they live. If not for moral reasons, they should do so for genuine self-interest: there is nothing more rewarding than creating well-being for oneself and society.”

The pursuit of greater well-being for all must become second nature in policymaking. You can continue to count on the OECD to put our data, our evidence and our rigour at the service of countries around the globe. Together we can design, develop and deliver better well-being policies for better lives. Thank you.