Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/263119 
Year of Publication: 
2022
Series/Report no.: 
ILO Working Paper No. 56
Publisher: 
International Labour Organization (ILO), Geneva
Abstract: 
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.
Subjects: 
decent work
future of work
employment
quality of working life
productive development
productivity
Persistent Identifier of the first edition: 
ISBN: 
978-92-2-036777-3
Creative Commons License: 
cc-by Logo
Document Type: 
Working Paper

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