The current state of research on the two-way linkages between productivity and well-being

Fuente: Organización Internacional del Trabajo (OIT)
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Hauptverfasser: Andrew Sharpe, Shahrzad Mobasher Fard
Format: Entrada de enciclopedia
Veröffentlicht: International Labour Organization 2022
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author Andrew Sharpe
Shahrzad Mobasher Fard
author_facet Andrew Sharpe
Shahrzad Mobasher Fard
Andrew Sharpe
Shahrzad Mobasher Fard
contents The current state of research on the two-way linkages between productivity and well-being Andrew Sharpe Shahrzad Mobasher Fard Interest in the topic of well-being has burgeoned in recent years as the weaknesses of gross domestic product (GDP) per capita as a proxy for well-being have become more apparent. At the same time, the global economy has experienced a productivity slowdown. Since productivity growth is recognized as being by far the most important long-term source of sustainable gains in living standards, this development has implications for the future of living standards around the world. These two developments raise a number of issues related to the two-way linkages between productivity and well-being. First, does slower productivity growth constitute a significant threat to the betterment of the well-being of the world’s population, and, if so, by how much? Second, given that many indicators of well-being can have positive effects on productivity, should one aspect of any strategy to revive productivity growth be to focus on policies that improve well-being? The objective of this report is to survey the current state of research on the two-way linkages between productivity and well-being. ILO working paper, 56, ILO 10.54394/TMUV3384 DOI https://doi.org/10.54394/TMUV3384; ISBN 9789220367780 publication.encyclopediaEntry
format Entrada de enciclopedia
id ilo_995218918402676
institution Organización Internacional del Trabajo (OIT)
publishDate 2022
publisher International Labour Organization
spellingShingle The current state of research on the two-way linkages between productivity and well-being
Andrew Sharpe
Shahrzad Mobasher Fard
The current state of research on the two-way linkages between productivity and well-being Andrew Sharpe Shahrzad Mobasher Fard Interest in the topic of well-being has burgeoned in recent years as the weaknesses of gross domestic product (GDP) per capita as a proxy for well-being have become more apparent. At the same time, the global economy has experienced a productivity slowdown. Since productivity growth is recognized as being by far the most important long-term source of sustainable gains in living standards, this development has implications for the future of living standards around the world. These two developments raise a number of issues related to the two-way linkages between productivity and well-being. First, does slower productivity growth constitute a significant threat to the betterment of the well-being of the world’s population, and, if so, by how much? Second, given that many indicators of well-being can have positive effects on productivity, should one aspect of any strategy to revive productivity growth be to focus on policies that improve well-being? The objective of this report is to survey the current state of research on the two-way linkages between productivity and well-being. ILO working paper, 56, ILO 10.54394/TMUV3384 DOI https://doi.org/10.54394/TMUV3384; ISBN 9789220367780 publication.encyclopediaEntry
title The current state of research on the two-way linkages between productivity and well-being
url https://researchrepository.ilo.org/esploro/outputs/encyclopediaEntry/The-current-state-of-research-on/995218918402676