2023 World Happiness Report released: Finland the happiest nation again and global benevolence is rising– CNN, March 20, 2023 There’s cause for optimism in the latest report on world happiness: benevolence is about 25% higher than it was pre-pandemic and global happiness has not taken a hit in the three years of the pandemic. For the sixth year in a row, Finland is the world’s happiest…
Europe Turned an Energy Crisis into a Green Energy Sprint– The New York Times, Feb. 15, 2023 The energy crisis unleashed by Russia’s war did create big problems, but the worst did not materialize. Instead, the EU succeeded not only in averting a major crisis, but also in “turbocharging the green transition,” to an extent that has knocked a full decade off its decarbonization timeline. In…
Aging Consumers Will Soon Be the Top Market for Every Wellness Sector By Thierry Malleret, economist For those wellness industry entrepreneurs and practitioners who take a somewhat longer-term view, demographics is about to bring momentous changes. Globally, a fast-growing aging population is going to make the wellness “imperative” ever more pressing. In the next 15-20 years, the global population aged 65 and over will increase…
New GWI Research: Surprising Relationship between Wellness Tourism and Spa Spending and Health Outcomes The GWI’s new report, “Health, Happiness, and the Wellness Economy: An Empirical Analysis,” is the first global study of how spending on wellness (at both the national and sector level) impacts happiness and health outcomes. A collaboration with a key author and statistician of the World Happiness Report, the study…
Healthy aging for a healthy economy– CEPR, November 16, 2022 Having just crossed the eight billion population threshold, we mustn’t forget that global aging is the primary challenge we collectively face. As healthy aging promotes healthy economies, policy preparedness must focus on: (1) initiatives that facilitate disease prevention and early detection, (2) wider reliance on innovative healthcare technologies, (3) retirement and pension flexibility, (4) development…
The Complex Relationship between Money & Happiness: How Much Is Too Little, Too Much? By Thierry Malleret, economist MONEY, FINANCIAL WELLNESS AND HAPPINESS: An obvious link exists between money and subjective wellbeing (happiness), but only up to a certain threshold which economists and psychologists have a hard time precisely identifying. Anyone without money will corroborate that financial wellness is the conduit to other forms of…
