measurement of happiness and well-being is about to take hold

The spokesperson for the Presidency, Jesus Ramirez, reported that in the federal government he measurement of prosperity and happiness, which would operate from the Ministry of Social Welfare, so the methodology is already being worked on.

In accordance with The Herald of MexicoRamírez said that a group of specialists is already working on the issue, for which a commission called by the federal agency was formed. He assured that such measurement will not replace the National Institute of Statistics and Geography (Inegi), and will function more like the National Council for the Evaluation of Social Development Policy (Coneval).

Because it is important? The presidential spokesman indicated that he seeks to go beyond the Gross Domestic Product (START) is the only economic indicator.

“Economic growth is only a quantitative analysis of the volume of the economy, that is, the quantification of what is produced and the profits that are obtained. Since the pandemic there is already a reflection of this in the world … There are economists, Nobel laureates, UN organizations such as ECLAC, who already raise the need that, in order to be more assertive and have better public policies, it is necessary to measure economic indicators not only integrate growth, “he said.

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