Measurement of Economic Performance and Social Progress › Work programme
The HLEG has agreed to put in place a three-year work programme that will cover four substantive areas in the field of measuring economic performance and social progress:
Methodological and empirical work will be pursued with the goal to paving the way towards the creation of Distributional National Accounts (DINA).
The initial focus of the work will be on multi-dimensional inequalities including: economic insecurity, socio-economic mobility, health inequalities and measures of children’s deprivation and poverty.
The focus will be on reviewing recent OECD and US National Academy of Science reports on measuring subjective well-being; constructing a dashboard of subjective well-being indicators; pursuing research on the correlates of subjective well-being; and working on policy uses of subjective well-being.
Work will focus on achieving greater clarity on the advantages and limitations of the “Capital Approach” in measuring sustainability. Work will also be undertaken in the areas of environmental capital, human capital, social capital and economic capital.
A workshop on "Intra-generational and Inter-generational Sustainability", sponsored by SAS and the Einaudi Institute for Economics and Finance (EIEF), will be held on 22-23 September 2014 in Rome, Italy.
Two or more Thematic Workshops will be organised each year to cover in detail the issues raised by the work programme for the four themes. The Workshops will gather experts in relevant fields, based on the suggestions by the theme co-ordinator and members.
The HLEG will meet once a year in a plenary meeting. During the plenary, the Group will discuss advancement on the four themes with a focus on the outcomes of the Thematic Workshops organised in the course of the year.
The HLEG will produce reports summarising the main outcomes of the Thematic Workshops. An overall, synthesis report will be produced by the end of a three-year period.
No additional reports are envisaged. Selected researchers will be invited to present their work at the Thematic Workshops.