Suchergebnisse

Intro -- Preface -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1: From Economic Growth to Wellbeing Economics -- Wellbeing and Economic Growth -- The Limits to Growth -- Wellbeing and Capabilities -- Conclusion -- References -- 2: Persons and Human Capital -- Living Life -- Time-Use Choices and Market Values -- Human Capital -- Monitoring Wellbeing -- Conclusion -- References -- 3: Households, Families and Cultural Capital -- Households and Families -- Cultural Capital -- Cultural Capital and Gender -- The Blight of Child Poverty -- Conclusion -- References -- 4: Civil Society and Social Capital -- The Institutions of Civil Society -- Social Capital -- Social Capital and Ethnicity -- Conclusion -- References -- 5: Market Participation and Economic Capital -- Markets and Wellbeing -- Firms and Capabilities -- Economic Capital -- Conclusion -- References -- 6: Local Government and Natural Capital -- Externalities -- Economic Public Goods -- Local Government, Co-production and Capabilities -- Natural Capital -- Conclusion -- References -- 7: The Nation State and Knowledge Capital -- Custodian of the Market Economy and Welfare State -- Knowledge Capital -- Knowledge as an Economic Public Good -- The Civil Service, Knowledge and Capabilities -- Conclusion -- References -- 8: The Global Community and Diplomatic Capital -- Collaboration in the Global Community -- The Global Community of Researchers -- The Science of Global Climate Change -- Diplomatic Capital -- Conclusion -- References -- 9: The Wellbeing Economics Framework -- The Propositions of Wellbeing Economics -- Foundations of the Framework -- Persons and Human Capital -- Households, Families and Cultural Capital -- Civil Society and Social Capital -- Market Participation and Economic Capital -- Local Government and Natural Capital.

Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.

Economists have long sought to maximise economic growth, believing this to be their best contribution to improving human welfare. That approach is not sustainable in the face of ongoing issues such as global climate change, environmental damage, rising inequality and enduring poverty. Alternatives must be found. This open access book addresses that challenge. It sets out a wellbeing economics framework that directly addresses fundamental issues affecting wellbeing outcomes. Drawing inspiration from the capabilities approach of Nobel Prize winner Amartya Sen, the book demonstrates how persons can enhance prosperity through their own actions and through collaboration with others. The book examines national public policy, but its analysis also focuses on choices made by individuals, households, families, civil society, local government and the global community. It therefore offers important insights for anyone concerned with improving personal wellbeing and community prosperity.

The United Kingdom's (UK) exit from the European Union (EU) will have a range of implications for the UK, the EU and other countries like New Zealand (NZ). The nature and extent of its impacts will be determined by the terms under which the UK exits, hence the impact of Brexit is yet unknown. This study assessed how the agricultural sector in the UK, the EU and NZ would be affected if the UK does not reach a trade agreement with the EU by 31st October 2019, then by default, the UK will have to comply with the WTO rules to trade with the EU, and third countries. The Lincoln Trade and Environment Model (LTEM), a partial equilibrium trade model that simulates international trade, production and consumption of agricultural commodities was used for the analysis. A WTO scenario was developed applying trade weighted outbound facing MFN (WTO) tariffs to imports from the EU and other third countries. In addition, the change in trade facilitation costs was set at 10 per cent. Modelling results showed a large impact on UK's production and consumption of agricultural goods while the agricultural sector in the EU and NZ would be only slightly affected by this trade policy. However, the UK leaving the EU could work to strengthen the trading relationship with NZ depending on the UK's access to the EU's Single Market