WISER: Well-being in a Sustainable Economy Revisited

Informations projet

WISER

N° de convention de subvention: 101094546

DOI

10.3030/101094546

Date de signature de la CE 31 Juillet 2023

Date de début 1 Octobre 2023

Date de fin 30 Septembre 2026

Financé au titre de

• Culture, creativity and inclusive society

Coût total

€ 2 915 673,75

Contribution de l’UE

€ 2 915 673,25

Coordonné par

OPEN UNIVERSITEIT NEDERLAND
Netherlands

Periodic Reporting for period 1 - WISER (WISER: Well-being in a Sustainable Economy Revisited)

Période du rapport: 2023-10-01 au 2024-12-31

Résumé du contexte et des objectifs généraux du projet

The WISER project challenges GDP-centric economic models, supporting a well-being-focused framework that integrates sustainability, inclusiveness, and productivity. It aims to redefine economic development by balancing growth with both social and environmental well-being. The project addresses the lack of comprehensive well-being metrics and seeks to reshape policymaking by offering an alternative approach that enhances quality of life while reducing economic inequality and environmental degradation.

Travail effectué depuis le début du projet jusqu’à la fin de la période considérée dans le rapport et principaux résultats atteints jusqu’à présent

• Developed a theoretical framework moving beyond GDP as the main progress indicator.
• Created a well-being database that will be used as input for a dashboard for policymakers with actionable metrics.
• Conducted scenario analyses and predictive modeling to guide sustainable policies.
• Explored links between well-being and productivity, social inclusion, and environmental sustainability.
• Engaged stakeholders through participatory workshops, AI-driven governance tools, and case studies across diverse regions.This study is in its initial stages and and has just recently been granted the ethics clearance and research license. Field survey to commence soon.

Progrès au-delà de l’état des connaissances et impact potentiel prévu (y compris l’impact socio-économique et les conséquences sociétales plus larges du projet jusqu’à présent)

• Developed a new framework that provides a way to produce economic growth that does not come at the cost of well-being.
• Developed a database at the regional level by combining different existing surveys and using advanced statistical methods.
• Developed a new metric for subjective well-being based on Big Data and machine learning.
• Established empirical evidence linking subjective well-being with economic productivity.
• Developed innovative policy modeling tools integrating environmental, economic, and social dimensions.
• Introduced participatory approaches, using AI and VR for governance and urban planning.
• Identified key factors for improving well-being efficiency and reducing defensive consumption.