Research Programs: Industry Frontiers

Institutional design to achieve a society of well-being

Project Leader/Sub-Leader

MANAGI Shunsuke

MANAGI Shunsuke (Faculty Fellow)

Leader

Overview

Well-being has been addressed in the "Basic Policy on Economic and Fiscal Management and Reform" and "Science, Technology, and Innovation Basic Plan" discussed by the Economic Advisory Council. The LDP Japan Well-being Plan Promotion Project Team proposed well-being indicators as a policy making tool in 2019.

In order to respond to the growing social interest in well-being and the need for it, we need to propose concrete policies to achieve sustainable development by improving total well-being. This research project aims to make policy proposals to improve well-being in ways that satisfy people's material needs and takes their internal needs (e.g., happiness and health) into account. Based on the combination of various data, including data related to economic circumstances and people's preferences, we present cost-effective policy making that can achieve high performance in terms of well-being in each region. Also, we reveal how to utilize regional resources and capital to accomplish inclusive growth.

February 1, 2023 - July 31, 2025

(During the research project period, the research activity period is set from February 1, 2023 to January 31, 2025, and the data usage reporting period is set from February 1, 2025 to July 31, 2025.)

Major Research Results

2023

RIETI Discussion Papers

RIETI Policy Discussion Papers