Knowledge Exchange Platform (KEP) Workshop 1 - Diana-Cook.pdf

OECD Knowledge Exchange Platform on Well-being Metrics and Policy Practice (KEP): Virtual Workshop 1, 13 June 2024

Summarising the complexity of well-being data and evidence: Reporting and communicating on well-being dashboards

1. 13 JUNE 2024
Wellbeing reporting
The New Zealand experience

2. Wellbeing objectives
Budget Priorities
Wellbeing Objectives
Overarching Goals
These have been interpreted as medium-term
goals, representing specific intermediate steps to
make progress against the longer-term wellbeing
objectives.
These are long-term, directional objectives where
sustained investment is required to improve outcomes.
These are the policy areas the Government is
choosing to focus on in the current budget to
progress towards the medium-term goals.
Agreeing long-term outcomes informs the goals to work
toward over the medium-term …
... and these medium-term outputs are delivered over a
series of budgets …
For one example, see :
Budget Policy Statement 2022 -15 December 2021 (treasury.govt.nz)

3. Wellbeing report
Wellbeing Report
Using its ‘best professional
judgement’, the Treasury must
describe
using indicators:
a.the state of wellbeingin New
Zealand
b.how the state of wellbeing has changed over time
c.the sustainability of, and any
risk to, the state of wellbeing
Treasury’s Stewardship Reports
Current state of
play, risks and how
we got here
Future challenges and
opportunities
Government
(fiscal)
Investment
Statement
Long Term Fiscal
Statement
New Zealand
(broad economy)
Wellbeing ReportEconomic Narrative
A broader, longer term view of policy and investment

4. Welbeingframeworks
TheLivingStandardsFramework He Ara Waiora

5. Trendsinwellbeing

6. Distribution of wellbeing
Proportion of people experiencing material hardship by Material Wellbeing
Index score
Percent
Source: Ministry of Social Development analysis of Household Economic Survey

7. Sustainability
Estimates of New Zealand's wealth per capita, constant 2018 US$, 000s
Source: United Nations Environment Programme, 2018 (using the Living Standards Framework language for the equivalent capitals); World
Bank, 2021 (produced and natural capital), direct communication; Le, 2022

8. EvaluationoftheWellbeingReport

9. End slide.
Thank you.