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Statistics and Data Directorate
Economic Policy Making to Pursue Economic Welfare
OECD Report for the G7 Finance Ministers and Central Bank Governors
This OECD report, prepared for the 2023 Japan Presidency of the G7, takes stock of
the limitations of GDP as an economic indicator and provides an overview of initiatives
to overcome them, both within the system of national accounts and through the development
of multidimensional well-being dashboards. It also provides examples of efforts to
better integrate multidimensional well-being concepts in policy strategy, design and
implementation.