Articles on New Zealand well-being budget

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One of the government’s spending priorities is a transformation towards a low-emissions economy. from www.shutterstock.com

How New Zealand’s well-being budget delivers for the environment

A recent report on the state of New Zealand's environment painted a bleak picture of species losses and freshwater pollution. Budget 2019 signals a shift, but more in intention than sufficient funding.
New Zealand’s well-being budget makes a significant contribution to Māori self-determination. from www.shutterstock.com

Budget lessons in the politics of Indigenous self-determination

Support for Māori and Pasifika communities was a funding priority in New Zealand's well-being budget, but a change in values may have greater impact than more money.
New Zealand’s unemployment rate is better than the OECD average of 5.2%, but 12 OECD countries have lower rates. from www.shutterstock.com

Why reducing unemployment should have been a focus for NZ’s well-being budget

Historically, New Zealand's post-war rate of unemployment was 2% or lower until the early 1980s. Today, 4.4% of New Zealanders are out of work, but the well-being budget is unlikely to bring unemployment rates down.
New Zealand’s well-being budget was based on a set of measures that include cultural identity, environment, income and consumption, and social connections. from www.shutterstock.com

The search for an alternative to GDP to measure a nation’s progress – the New Zealand experience

New analysis shows that if New Zealand replaced GDP with the Genuine Progress Indicator, which accounts for social and environmental costs, it would be only half as well off.

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