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…
GWI’s New Research: The First to Make the Case for Why We Desperately Need Wellness Policy GWI recently released its new report “Defining Wellness Policy,” the first research to make a compelling, evidence-backed argument as to why wellness policy is so direly needed now. It explains how a new focus on wellness policy could complement–but also fill the glaring gaps left by–both current public…
There’s a frightening new report about wildlife declines. But many are getting the story wrong – VOX, October 12, 2022 Wildlife is in a staggering decline. According to a new report from the World Wildlife Fund, populations of most major animal groups (mammals, birds, and fish) have decreased by an average of 69% in the last 50 years. This “big” number highlights the severity of…
