Moving from an economy solely focussed on growth to a wellbeing economy is a priority for the Scottish Government, along with the governments of Iceland, New Zealand, Wales and Finland. A wellbeing economy is more inclusive, promotes sustainability, prosperity and resilience but most importantly, supports all of our communities to access opportunities that deliver local growth and wellbeing.
There are many terms used about the economy, which can be placed on a continuum, culminating in a wellbeing economy. This definitions document sets out what we mean by inclusive growth, inclusive economies and wellbeing economy.
Community wealth building is one of the ways in which local areas are improving economic wellbeing and some resources on this are available here:
There are also two useful presentations on Community Wealth Building in the videos below. https://www.youtube.com/watch?v=6i-l0o3XOBk and here https://www.youtube.com/watch?v=r5LUV1uvEEU.
For more information about the wellbeing economy, visit: